Friedman Industries (FRD) Raises Qtr. Dividend 50% to $0.12/Share
FRD Hot Sheet
Dividend Yield: 4.8%
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.
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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