Friedman Industries, Incorporated·Basic Materials

LONGVIEW, Texas, March 31, 2026 (GLOBE NEWSWIRE) -- The Board of Directors (the “Board”) of Friedman Industries, Incorporated, (NASDAQ/GS: FRD) a Texas-based company engaged in metals processing, pipe manufacturing, and metals distribution, declared on March 31, 2026, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on May 22, 2026 to shareholders of record at the close of business on April 24, 2026.

LONGVIEW, Texas, March 17, 2026 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NASDAQ/GS: FRD) today announced plans to expand its facility located on Steel Dynamics' campus in Sinton, Texas. The expansion includes an increase in building size and new fabrication capabilities aimed at supporting customers' evolving processing needs.

Friedman Industries (NASDAQ: FRD - Get Free Report) and Mueller Industries (NYSE: MLI - Get Free Report) are both industrials companies, but which is the superior stock? We will contrast the two businesses based on the strength of their profitability, institutional ownership, earnings, risk, valuation, analyst recommendations and dividends. Institutional and Insider Ownership 33.3% of Friedman Industries

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FRD swings to a profit in third-quarter fiscal 2026 as surging sales, stronger pricing and the Century acquisition lift results and set up expectations for firmer margins ahead.

LONGVIEW, Texas, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NASDAQ/GS: FRD) announced today its results of operations for the quarter ended December 31, 2025. December 31, 2025 Quarter Highlights: Net earnings of $3.0 million Sales of $168.0 million; up 79% year-over-year Sales volume increased 36% year-over-year “We delivered strong year-over-year growth in sales and volumes during the third fiscal quarter, driven by improved capacity utilization, disciplined commercial execution, and the contribution from our Century acquisition,” said Michael Taylor, President and Chief Executive Officer.
Friedman Industries, Incorporated engages in steel processing, pipe manufacturing and processing, and the steel and pipe distribution businesses the United States. It operates in two segments, Coil and Tubular. The Coil segment is involved in the conversion of steel coils into flat sheet and plate steel cut to customer specifications and reselling steel coils. This segment also processes customer-owned coils on a fee basis. The company sells coil products and processing services to approximately 230 customers located primarily in the midwestern, southwestern and southeastern regions of the United States. Its principal customers for these products and services are steel distributors and customers manufacturing steel products, such as steel buildings, railroad cars, barges, tanks and containers, trailers, component parts and other fabricated steel products. The Tubular segment manufactures line and oil country pipes, as well as pipes for structural applications. This segment sells its tubular products principally to steel and pipe distributors through its own sales force. Friedman Industries, Incorporated was incorporated in 1965 and is headquartered in Longview, Texas.
Basic Materials
Steel
268
1980-03-17
1.57