|Bid||6.55 x 1100|
|Ask||6.60 x 1100|
|Day's Range||6.70 - 6.70|
|52 Week Range||5.78 - 9.30|
|Beta (3Y Monthly)||0.50|
|PE Ratio (TTM)||27.15|
|Earnings Date||Nov 12, 2019 - Nov 18, 2019|
|Forward Dividend & Yield||0.08 (1.20%)|
|1y Target Est||N/A|
Friedman Industries, Incorporated (NYSE - American: FRD) (the “Company”), a steel manufacturing, processing, and distribution company, announced today the appointment of Michael J. Taylor as President and Chief Executive Officer of the Company, effective September 12, 2019. Mr. Taylor, age 60, has served as the Interim President and Interim Chief Executive Officer since February 12, 2019 and has served as a director of the Company since December 2016 and as Chairman of the Board of Directors since June 2017. Mr. Taylor will continue to serve as a director of the Company and Chairman of the Board.
The Company will pay the cash dividend on November 15, 2019 to shareholders of record at the close of business on October 11, 2019. This dividend marks the Company’s 191st consecutive quarterly cash dividend with the Company having paid a cash dividend every quarter since becoming publicly traded in 1972.
LONGVIEW, Texas, Aug. 14, 2019 -- Friedman Industries, Incorporated, headquartered in Longview, Texas, is a manufacturer and processor of steel products with operating plants.
The coil product segment consists of the operations in Hickman and Decatur where the Company processes hot-rolled steel coils using temper mills and cut-to-length lines. The Company announced today its results of operations for the quarter and year ended March 31, 2019 (“fiscal 2019”). For the year ended March 31, 2019, the Company recorded net earnings of $5,099,924 ($0.73 diluted earnings per share) on sales of $187,154,493.
Longview, Texas, March 19, 2019 -- Friedman Industries, Incorporated (NYSE—American; Trading Symbol: FRD) The Board of Directors of Friedman Industries, Incorporated, a.
Mr. Sparkman, age 63, has been Chief Executive Officer since April 2017 and has been associated with the Company in various capacities for over 39 years. The Company expresses its deep appreciation for Mr. Sparkman’s many years of dedicated service.
LONGVIEW, Texas, Feb. 14, 2019 -- Friedman Industries, Incorporated, headquartered in Longview, Texas, is a manufacturer and processor of steel products with operating plants.
A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. Historically, Friedman Industries Incorporated (NYSEMKT:FRD) has paid Read More...
NEW YORK, Nov. 26, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
LONGVIEW, Texas, Nov. 14, 2018 -- Friedman Industries, Incorporated, headquartered in Longview, Texas, is a manufacturer and processor of steel products with operating plants.