Insteel Industries, Inc. (NASDAQ:IIIN) Files An 8-K Other Events
Item 8.01. Other Events
On February 7, 2017, Insteel Industries, Inc. issued a News
Release announcing that its board of directors had declared a
quarterly cash dividend of $0.03 per share payable on March 31,
2017 to shareholders of record as of March 17, 2017. A copy of
this release is included as Exhibit 99.1 to this Current Report
on Form 8-K.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
|
Exhibit 99.1 |
News Release dated February 7, 2017 announcing declaration |
About Insteel Industries, Inc. (NASDAQ:IIIN)
Insteel Industries, Inc. is a manufacturer of steel wire reinforcing products for concrete construction applications. The Company’s operations are focused on the manufacture and marketing of steel wire reinforcing products for concrete construction applications. Its concrete reinforcing products consist of two product lines: prestressed concrete strand (PC strand) and welded wire reinforcement (WWR). PC strand is a seven-wire strand that is used to impart compression forces into precast concrete elements and structures, providing reinforcement for bridges, parking decks, buildings and other concrete structures. WWR is produced as an engineered reinforcing product for use in nonresidential and residential construction. Its products are sold primarily to manufacturers of concrete products that are used in nonresidential construction. The Company sells its products nationwide across the United States, Canada, Mexico, and Central and South America. Insteel Industries, Inc. (NASDAQ:IIIN) Recent Trading Information
Insteel Industries, Inc. (NASDAQ:IIIN) closed its last trading session down -1.02 at 37.08 with 223,780 shares trading hands.
