FRD

FRD is benefiting from record sales volumes and Century Metals gains, but steel price volatility and supplier dependence remain challenges.

LONGVIEW, Texas, June 24, 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 June 24, 2026, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on August 7, 2026 to shareholders of record at the close of business on July 17, 2026.

FRD's fourth-quarter fiscal 2026 results benefit from stronger earnings, higher sales, record volumes and margin momentum tied to pricing and Century integration.

March 31, 2026 Quarter Highlights: Net earnings of $9.2 million; EBITDA of $15.2 million Sales of $191.8 million Record quarterly sales volume 6% increase in sales volume over the preceding third quarter 14% increase in sales volume over the prior year fourth quarter Fiscal Year March 31, 2026 Highlights: Net earnings of $19.5 million; EBITDA of $34.3 million Sales of $646.9 million – 46% increase over the prior fiscal year Record annual sales volume 22% increase in sales volume over the prior fiscal year LONGVIEW, Texas, June 11, 2026 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NASDAQ/GS: FRD) announced today its results of operations for the quarter and fiscal year ended March 31, 2026. “We delivered an outstanding fourth quarter and a strong finish to fiscal 2026 as our strategic investments and operating initiatives translated into meaningful financial results,” said Michael J.