Insteel Industries (IIIN) Declares $2 Special Dividend; 4.6% Yield

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Go back to Insteel Industries (IIIN) Declares $2 Special Dividend; 4.6% Yield

Insteel Industries Declares Regular Quarterly and Special Cash Dividends

November 16, 2021 4:15 PM EST

MOUNT AIRY, N.C.--(BUSINESS WIRE)-- Insteel Industries Inc. (NYSE: IIIN) today announced that its board of directors declared a regular quarterly cash dividend of $0.03 per share and a special cash dividend of $2.00 per share of common stock payable on December 17, 2021, to shareholders of record as of December 2, 2021.

Following a record 2021 financial performance, we are pleased to return capital to our shareholders through the payment of a special dividend. This represents our fifth special dividend of at least a $1 per share since 2016. As... More