Friedman Industries, Incorporated Announces Cash Dividend

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The Board of Directors of Friedman Industries, Incorporated (NYSE—American; Trading symbol: FRD), a Texas-based company engaged in pipe manufacturing, steel processing and steel and pipe distribution, declared on December 6, 2017, a cash dividend of $0.01 per share on the Common Stock of the Company. The Company will pay the cash dividend on February 9, 2018, to shareholders of record at the close of business on January 12, 2018.

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

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