Insteel Industries, Inc announced that its board of directors declared a quarterly cash dividend of USD 0.03 per share on the Company's common stock payable on April 3rd 2009 to shareholders of record as of March 20, 2009.
Insteel is one of the nation's largest manufacturers of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets pre stressed concrete strand and welded wire reinforcement, including concrete pipe reinforcement, engineered structural mesh and standard welded wire reinforcement.
Insteel's products are sold primarily to manufacturers of concrete products that are used in nonresidential construction. Headquartered in Mount Airy, North Carolina, Insteel operates six manufacturing facilities located in the United States.
