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Stock impact report

Insteel Industries Declares Quarterly Cash Dividend

Insteel Industries, Inc. (IIIN) 
US:NASDAQ Investor Relations: investor.insteel.com
Company Research Source: Business Wire
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced that its board of directors declared a regular quarterly cash dividend of $0.03 per share of common stock payable on March 29, 2024, to shareholders of record as of March 15, 2024.About InsteelInsteel is the nation’s largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets prestressed concrete strand and welded wire reinforcement, including engineered structural mesh, concrete pipe reinforcement and standard welded wire reinforcement. Insteel’s products are sold primarily to manufacturers of concrete products that are used primarily in nonresidential construction. Headquartered in Mount Airy, North Carolina, Insteel operates ten manufacturing facilities located in the United States.Forward-Looking Statements and Risk FactorsThis news release may contain forward-looking statements within the meaning of the Private Securities Show less Read more
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