Friedman Industries, Incorporated Announces Cash Dividend

Friedman Industries, Incorporated (NYSE—American; Trading symbol: FRD)

Longview, Texas, March 27, 2018 (GLOBE NEWSWIRE) -- The Board of Directors of Friedman Industries, Incorporated, a Texas-based company engaged in pipe manufacturing, steel processing and steel and pipe distribution, declared on March 27, 2018, a cash dividend of $0.02 per share on the Common Stock of the Company. The Company will pay the cash dividend on May 25, 2018, to shareholders of record at the close of business on April 27, 2018.

For further information regarding this dividend, please contact Mr. Alex LaRue, Chief Financial Officer – Secretary and Treasurer at (903)758-3431.

Source:Friedman Industries Inc.