MOUNT AIRY, N.C.--(BUSINESS WIRE)--November 11, 2025--
Insteel Industries Inc. $(IIIN)$ today announced that its board of directors declared a regular quarterly cash dividend of $0.03 per share and a special cash dividend of $1.00 per share of common stock payable on December 12, 2025, to shareholders of record as of November 28, 2025.
"We are pleased to announce a $1.00 per share special dividend, continuing our track record of returning capital to shareholders. Our strong financial performance and disciplined capital management enable us to reward shareholders while funding ongoing investments in our business and preserving the flexibility to pursue strategic opportunities," commented H.O. Woltz III, Insteel's President and CEO.
About Insteel
Insteel 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 to manufacturers of concrete products that are used in nonresidential construction. Headquartered in Mount Airy, North Carolina, Insteel operates eleven manufacturing facilities located in the United States.
Forward-Looking Statements and Risk Factors
This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that are not descriptions of historical facts are forward-looking statements that are based on our current expectations and may include commentary on our plans, financial position, liquidity, and other business developments. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future results could differ materially from those described, and we do not undertake and specifically decline any obligation to correct or update any forward-looking statements. For further information regarding risk factors that could affect our operations and future results, refer to our reports filed with the U.S. Securities and Exchange Commission, including our annual report on Form 10-K for the year ended September 27, 2025.
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CONTACT: Scot Jafroodi
Vice President,
Chief Financial Officer and Treasurer
Insteel Industries Inc.
(336) 786-2141
(END) Dow Jones Newswires
November 11, 2025 16:15 ET (21:15 GMT)