Friedman Industries (FRD) Raises Qtr. Dividend 50% to $0.12/Share
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Friedman Industries, Incorporated (AMEX: FRD) today announced that its Board approved a 50% increase in its quarterly dividend from $0.08 to $0.12 per common share, payable on November 21, 2008, to shareholders of record at the close of business on October 24, 2008.
Friedman Industries, Incorporated, together with its subsidiaries, engages in steel processing, pipe manufacturing and processing, and steel and pipe distribution in the United States.
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