Friedman Industries Incorporated (FRD) Stock

LONGVIEW, Texas, Dec. 03, 2024 (GLOBE NEWSWIRE) -- The Board of Directors (the “Board”) of Friedman Industries, Incorporated, (NYSE American: FRD) a Texas-based company engaged in steel processing, pipe manufacturing, and steel and pipe distribution, declared on December 3, 2024, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on February 14, 2025 to shareholders of record at the close of business on January 17, 2025. This dividend marks the Company's 212th consecutive quarterly cash dividend since becoming publicly traded in 1972.

FRD faces declining sales and demand in second-quarter fiscal 2025, impacting its stock price.

LONGVIEW, Texas, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE American: FRD) announced today its results of operations for the second fiscal quarter ended September 30, 2024.

Friedman Industries' (FRD) overall topline is hurt by a year-over-year decline in sales across both segments.

LONGVIEW, Texas, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE American: FRD) announced today its results of operations for the quarter ended June 30, 2024.

LONGVIEW, Texas, June 26, 2024 (GLOBE NEWSWIRE) --  The Board of Directors (the “Board”) of Friedman Industries, Incorporated, (NYSE American: FRD) a Texas-based company engaged in steel processing, pipe manufacturing, and steel and pipe distribution, declared on June 26, 2024, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on August 16, 2024 to shareholders of record at the close of business on July 26, 2024. This dividend marks the Company's 210th consecutive quarterly cash dividend since becoming publicly traded in 1972.

Find out why Zacks rates Friedman Industries as "Neutral", being the first on Wall Street to initiate coverage on the stock. Explore FRD's strategic expansions and financial health amid market challenges.