Friedman Industries, Inc. Declares New Cash Dividend for Shareholders

Author: Addison Perry Updated: 09-18-2025 03:31 PM

Friedman Industries, Inc. Declares Cash Dividend

Friedman Industries, Incorporated (NASDAQ: FRD), a prominent player in the metals processing and distribution sector, has announced a new cash dividend of $0.04 per share. This exciting news reflects the company’s ongoing commitment to delivering value to its shareholders.

Details of the Dividend Announcement

The Board of Directors made this announcement, highlighting that the cash dividend will be distributed to shareholders of record. This marks the company's consistent effort to provide a stable and rewarding investment for those who support their venture.

Dividend Payment Schedule

Shareholders can anticipate this cash dividend to be paid on November 14 of the designated year. The record date for eligibility to receive this dividend is set for the end of the trading day on October 24.

Company's History of Dividend Payments

Friedman Industries is proud to have returned capital to shareholders through dividends consistently since it became a publicly traded company in 1972. This upcoming cash dividend will be the 215th consecutive quarterly cash dividend, showcasing the company's focus on maintaining financial stability and shareholder satisfaction.

Factors Influencing Dividend Decisions

The decision to declare and pay dividends is not taken lightly by the Board. The ongoing review of the company's financial health, operating results, and future cash requirements are all essential elements in determining the level of dividends.

Commitment to Stability

While the company has been steadfast in its approach to dividends, it is important to note that there is no guarantee that these payments will continue indefinitely. Friedman Industries aims for a sustainable dividend level, which they believe can be maintained or increased as the company’s financial position supports it.

Contact Information for Shareholders

For additional inquiries related to this dividend announcement, shareholders and interested parties can reach out to Mr. Alex LaRue, Chief Financial Officer, Secretary, and Treasurer, at the company's main office number.

Frequently Asked Questions

What is the amount of the declared cash dividend by Friedman Industries?

The declared cash dividend is $0.04 per share.

When will the dividend be paid?

The cash dividend will be paid on November 14 to shareholders recorded by October 24.

How many consecutive dividends has Friedman Industries paid?

This dividend will mark the 215th consecutive quarterly cash dividend since going public.

What factors does the Board consider when declaring dividends?

The Board evaluates the company's financial condition, past operating results, and future cash needs.

Who can shareholders contact regarding the dividend?

Shareholders can contact Mr. Alex LaRue, Chief Financial Officer, for more information.

About The Author

Hello, I'm 30-year-old financial writer and expert Addison Perry, and I love to simplify the intricacies of the financial industry. I've committed myself over the years to deciphering the subtleties of investing techniques and economic trends and converting them into doable guidance that anybody can use. My goal with writings and books is to make money interesting and approachable so that readers may take charge of their financial futures.

My enthusiasm to empowerment and education has propelled me through my career in finance. I write because I think that everyone should be able to make educated financial decisions, and I try to provide that. Regardless of experience level with investing, my work is intended to provide insightful analysis and practical advice to enable you to thrive in the always changing financial environment. I appreciate you traveling with me toward success and financial literacy.

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