Insteel Industries, Inc. (IIIN) Ex-Dividend Date Scheduled for December 17, 2012


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Insteel Industries, Inc. ( IIIN ) has announced an ex-dividend date of December 17, 2012 and a cash dividend payment of $0.28 per share scheduled for December 28, 2012. Shareholders who purchased IIIN stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 833.33% increase over the prior quarter. At the current stock price of $12.05, the dividend yield is 9.29%.

The previous trading day's last sale of IIIN was $12.05, representing a -12.3% decrease from the 52 week high of $13.74 and a 34.94% increase over the 52 week low of $8.93.

IIIN is a part of the Capital Goods sector, which includes companies such as ArcelorMittal ( MT ) and POSCO ( PKX ). IIIN's current earnings per share, an indicator of a company's profitability, is $.1. Zacks Investment Research reports IIIN's forecasted earnings growth in 2013 as 390.91%, compared to an industry average of -9.3%.

For more information on the declaration, record and payment dates, visit the IIIN Dividend History page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks
Referenced Stocks: IIIN , MT , PKX

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