Friedman Industries (FRD) Lowers Quarterly Dividend 50% to $0.01; 0.6% Yield

Friedman Industries (NYSE: FRD) declared a quarterly dividend of $0.01 per share, or $0.04 annualized. This is a 50% decrease from the prior dividend of $0.02.

The dividend will be payable on May 29, 2015, to stockholders of record on May 1, 2015, with an ex-dividend date of April 29, 2015.

The annual yield on the dividend is 0.6 percent.

For a dividend history and other dividend-related data on Friedman Industries (FRD) click here.

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