Insteel Industries Declares Quarterly Cash Dividend
Insteel Industries (NYSE: IIIN) declared a quarterly cash dividend of $0.03 per share, payable on September 24, 2021, to shareholders of record as of September 10, 2021. As the largest manufacturer of steel wire reinforcing products for concrete applications in the U.S., Insteel specializes in prestressed concrete strand and welded wire reinforcement. The company operates ten manufacturing facilities across the United States and primarily serves nonresidential construction markets.
- Declaring a quarterly cash dividend indicative of cash flow stability.
- None.
Insteel Industries Inc. (NYSE: IIIN) today announced that its board of directors declared a quarterly cash dividend of
About Insteel
Insteel is the nation’s largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets prestressed concrete strand and welded wire reinforcement, including engineered structural mesh, concrete pipe reinforcement and standard welded wire reinforcement. Insteel’s products are sold primarily to manufacturers of concrete products and concrete contractors for use, primarily, in nonresidential construction applications. Headquartered in Mount Airy, North Carolina, Insteel operates ten manufacturing facilities located in the United States.
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