MOUNT AIRY, N.C. — Insteel Industries Inc. (NYSE: IIIN), the nation’s largest manufacturer of steel wire reinforcing products for concrete construction, has announced a regular quarterly cash dividend of $0.03 per share and a special cash dividend of $1.00 per share, payable on December 12, 2025, to shareholders of record as of November 28, 2025.
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The company’s board of directors approved the move as part of its ongoing commitment to reward shareholders and maintain financial flexibility.
“We are pleased to announce a $1.00 per share special dividend, continuing our track record of returning capital to shareholders,” said H.O. Woltz III, Insteel’s President and CEO. “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.”
This marks another milestone in Insteel’s consistent shareholder return policy, reflecting confidence in the company’s balance sheet strength, profitability, and operational efficiency. The combination of a regular and special dividend signals a robust fiscal position following a strong 2025 performance year.
Founded in 1953 and headquartered in Mount Airy, North Carolina, Insteel manufactures and markets prestressed concrete strand and welded wire reinforcement used in major nonresidential construction projects. The company’s engineered structural mesh and concrete pipe reinforcement products are key components in bridges, highways, industrial facilities, and commercial buildings across the U.S.
Insteel operates 11 manufacturing facilities nationwide, supplying products that strengthen the country’s infrastructure backbone. Its materials are used by major concrete product manufacturers, making the company an essential link in the construction supply chain.
The decision to distribute a special dividend underscores Insteel’s confidence in its long-term growth prospects and ability to maintain liquidity for expansion initiatives. Over recent years, the company has invested in advanced automation, process optimization, and supply chain resilience to navigate market challenges, including fluctuations in steel prices and construction demand cycles.
Insteel’s disciplined capital allocation strategy has allowed it to fund these initiatives while continuing to reward investors. The company remains focused on leveraging opportunities in infrastructure spending, nonresidential construction growth, and potential strategic acquisitions.
While the company projects continued stability, Insteel acknowledged potential risks in its forward-looking statements, noting that market volatility, raw material costs, and macroeconomic factors could influence future performance.
The company’s latest Form 10-K filed with the U.S. Securities and Exchange Commission for the fiscal year ended September 27, 2025, outlines these risks in greater detail.
For investor inquiries, shareholders may contact:
Scot Jafroodi
Vice President, Chief Financial Officer, and Treasurer
Insteel Industries Inc.
Phone: (336) 786-2141
Insteel’s dividend declaration follows broader trends among U.S. industrial and construction materials manufacturers rewarding investors amid strong balance sheets and infrastructure-driven demand. With federal infrastructure funding continuing to flow, companies like Insteel are poised to benefit from renewed investment in transportation, energy, and public works projects that rely heavily on reinforced concrete materials.
The company’s announcement also positions it favorably among its peers in the steel fabrication and construction materials sectors, where capital returns, sustainable production practices, and efficiency investments are becoming key differentiators for long-term growth and shareholder confidence.
Originally reported by Business Wire.
