June 6, 2018

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

Longview, TX, June 06, 2018 (GLOBE NEWSWIRE) --

FOR IMMEDIATE RELEASE

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 June 6, 2018, a cash dividend of $0.03 per share on the Common Stock of the Company. The Company will pay the cash dividend on August 10, 2018, to shareholders of record at the close of business on July 13, 2018. 

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