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Friedman Industries, Incorporated Announces Cash Dividend

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Friedman Industries (NYSE American: FRD) announced its Board of Directors has declared a cash dividend of $0.04 per share on December 3, 2024. The dividend will be paid on February 14, 2025 to shareholders of record as of January 17, 2025.

This marks the company's 212th consecutive quarterly dividend since its public listing in 1972. The Board reviews dividends quarterly, aiming to maintain stable payments with potential periodic increases based on financial performance and operational support. While the company intends to continue its dividend practice, future payments are subject to various factors including financial condition, operating results, cash needs, and growth plans.

Friedman Industries (NYSE American: FRD) ha annunciato che il suo Consiglio di Amministrazione ha dichiarato un dividendo in contante di $0,04 per azione il 3 dicembre 2024. Il dividendo sarà pagato il 14 febbraio 2025 agli azionisti registrati al 17 gennaio 2025.

Questo segna il 212° dividendo trimestrale consecutivo dell'azienda dalla sua quotazione pubblica nel 1972. Il Consiglio esamina i dividendi su base trimestrale, puntando a mantenere pagamenti stabili con potenziali aumenti periodici basati sulle prestazioni finanziarie e sul supporto operativo. Sebbene l'azienda intenda continuare la sua pratica dei dividendi, i pagamenti futuri sono soggetti a vari fattori, inclusi la condizione finanziaria, i risultati operativi, le necessità di cassa e i piani di crescita.

Friedman Industries (NYSE American: FRD) anunció que su Junta Directiva ha declarado un dividendo en efectivo de $0,04 por acción el 3 de diciembre de 2024. El dividendo se pagará el 14 de febrero de 2025 a los accionistas registrados hasta el 17 de enero de 2025.

Esto marca el 212º dividendo trimestral consecutivo de la compañía desde su salida a bolsa en 1972. La Junta revisa los dividendos trimestralmente, con el objetivo de mantener pagos estables con posibles aumentos periódicos basados en el desempeño financiero y el apoyo operativo. Aunque la compañía tiene la intención de continuar con su práctica de dividendos, los pagos futuros están sujetos a diversos factores, incluidos la condición financiera, los resultados operativos, las necesidades de efectivo y los planes de crecimiento.

프리드먼 인더스트리스 (NYSE American: FRD)는 이사회가 주당 $0.04의 현금 배당금을 2024년 12월 3일에 선언했다고 발표했습니다. 배당금은 2025년 2월 14일에 2025년 1월 17일 기준 주주에게 지급됩니다.

이는 회사가 1972년 상장 이후 212번째 연속 분기 배당금을 기록한 것입니다. 이사회는 분기마다 배당금을 검토하며 재정 성과와 운영 지원에 따라 안정적인 지불을 유지하는 것을 목표로 합니다. 회사는 배당금 지급 관행을 계속할 계획이지만, 향후 지급은 재정 상황, 운영 결과, 현금 필요 및 성장 계획을 포함한 다양한 요인에 따라 달라질 수 있습니다.

Friedman Industries (NYSE American: FRD) a annoncé que son Conseil d'Administration a déclaré un dividende en espèces de 0,04 $ par action le 3 décembre 2024. Le dividende sera versé le 14 février 2025 aux actionnaires inscrits au registre au 17 janvier 2025.

Cela marque le 212ème dividende trimestriel consécutif de l'entreprise depuis son introduction en bourse en 1972. Le Conseil examine les dividendes trimestriellement, visant à maintenir des paiements stables avec des augmentations périodiques potentielles basées sur la performance financière et le soutien opérationnel. Bien que l'entreprise ait l'intention de continuer sa pratique de dividendes, les paiements futurs sont soumis à divers facteurs, y compris la condition financière, les résultats opérationnels, les besoins de liquidités et les plans de croissance.

Friedman Industries (NYSE American: FRD) hat bekannt gegeben, dass der Vorstand eine Barkdividende von $0,04 pro Aktie am 3. Dezember 2024 erklärt hat. Die Dividende wird am 14. Februar 2025 an Aktionäre gezahlt, die bis zum 17. Januar 2025 im Aktienregister stehen.

Dies markiert die 212. aufeinanderfolgende Quartalsdividende des Unternehmens seit seiner Börsennotierung im Jahr 1972. Der Vorstand überprüft die Dividenden vierteljährlich, mit dem Ziel, stabile Zahlungen beizubehalten und potenzielle regelmäßige Erhöhungen basierend auf der finanziellen Leistung und operativer Unterstützung zu ermöglichen. Obwohl das Unternehmen beabsichtigt, die Dividendenpraxis fortzusetzen, unterliegen zukünftige Zahlungen verschiedenen Faktoren, einschließlich der finanziellen Lage, der Betriebsgegebnisse, des Bargeldbedarfs und der Wachstumspläne.

Positive
  • Maintains 53-year track record of consecutive quarterly dividend payments since 1972
  • Demonstrates consistent shareholder return policy
  • Board indicates possibility of future dividend increases based on performance
Negative
  • No guarantee of continued dividend payments despite historical consistency
  • Current dividend amount remains unchanged, showing no immediate growth

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.

Dividends are declared at the discretion of the Board and reviewed on a quarterly basis. The Board’s desire is to pay a dividend at a level that it feels can be held stable for the foreseeable future and which may be increased periodically as the Company’s financial position and operations become supportive of a new amount that the Board believes is sustainable. The determination to pay cash dividends takes into account various factors, including our financial condition, operating results, current and anticipated cash needs and growth plans. While we have paid a dividend every quarter since becoming a public company in 1972 and currently intend to continue that practice, there is no guarantee that payments of dividends will always continue in the future.


FAQ

When will Friedman Industries (FRD) pay its latest dividend?

Friedman Industries will pay the $0.04 per share cash dividend on February 14, 2025.

What is the record date for Friedman Industries' (FRD) latest dividend?

The record date for Friedman Industries' latest dividend is January 17, 2025.

How many consecutive quarterly dividends has Friedman Industries (FRD) paid?

Friedman Industries has paid 212 consecutive quarterly dividends since becoming publicly traded in 1972.

What is the amount of Friedman Industries' (FRD) latest quarterly dividend?

Friedman Industries declared a quarterly cash dividend of $0.04 per share.

Friedman Industries, Inc

NYSE:FRD

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Steel
Steel Works, Blast Furnaces & Rolling & Finishing Mills
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United States of America
LONGVIEW