Insteel Industries Declares $1.00 Special Dividend, Payable Dec. 11
The special dividend is payable to holders of record as of Nov. 27, 2026, alongside a regular $0.03 quarterly dividend.
Key terms
- Special cash dividend of $1.00 per share, plus regular quarterly dividend of $0.03 per share
- Payable Dec. 11, 2026, to holders of record as of Nov. 27, 2026
- Filing gives no ex-dividend date or total dollar payout
- Announced in an 8-K filed Tuesday, Nov. 10, 2026
Insteel Industries Inc (NYSE: IIIN) declared a one-time special cash dividend of $1.00 per share, along with its regular quarterly cash dividend of $0.03 per share, the company said in an 8-K filed Tuesday, Nov. 10, 2026.
Both dividends are payable Dec. 11, 2026, to shareholders of record as of Nov. 27, 2026. The filing does not give an ex-dividend date or a total dollar payout.
The special dividend is about 33 times the regular quarterly amount of $0.03 per share. The filing does not say how the special dividend will be funded.
In a news release attached to the filing, President and CEO H.O. Woltz III said the special dividend “reflects our confidence in Insteel’s financial position and long-term outlook.” He said the $1.00 distribution balances a meaningful return to shareholders with retaining resources for operating needs, capital investments and growth opportunities.
Insteel, based in Mount Airy, N.C., describes itself as the nation’s largest manufacturer of steel wire reinforcing products for concrete construction. For its fiscal year ended Oct. 3, 2026, the company reported revenue of $739.5 million, up 14%, and net income of $29.5 million, down 28%. It had $37.5 million in cash and equivalents at year end.
Sources
Written with AI from the company's SEC filing and our market data, and checked against those sources before publishing. Our editorial standards.
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More on Insteel Industries
IIIN page →Filings, figures and price history are on the Insteel Industries page.