dividend
confidence high
sentiment positive
materiality 0.70
Insteel declares regular $0.03 and special $2.50 dividends; payable Dec 22, record Dec 8
INSTEEL INDUSTRIES INC
- Regular quarterly dividend of $0.03 per share declared.
- Special cash dividend of $2.50 per share, the highest special dividend in company history.
- Both dividends payable December 22, 2023 to shareholders of record as of December 8, 2023.
- CEO states company expects to remain debt-free and fully fund capital program and share repurchases.