HOUSTON--(BUSINESS WIRE)-- The Board of Directors of Friedman Industries, Incorporated (NYSE MKT: FRD), a Texas-based company engaged in pipe manufacturing, steel processing and steel and pipe distribution, declared on May 31, 2012, a quarterly cash dividend of $0.13 per share on the Common Stock of the Company. The Company will pay the cash dividend on August 17, 2012, to shareholders of record at the close of business on July 20, 2012.

For further information regarding this dividend, please contact Mr. Ben Harper, Senior Vice President-Finance, at 713-672-9433.

Friedman Industries, Incorporated
Ben Harper, 713-672-9433
Senior Vice President-Finance

Source: Friedman Industries, Incorporated