CompX International Inc. (CIX) to Issue Quarterly Dividend of $2.00 on September 17th

Posted by Lorenzo Tanos on Sep 4th, 2024

CompX International Inc. (NYSE:CIX – Get Free Report) announced a quarterly dividend on Tuesday, August 6th, NASDAQ reports. Stockholders of record on Friday, September 6th will be paid a dividend of 2.00 per share on Tuesday, September 17th. This represents a $8.00 dividend on an annualized basis and a dividend yield of 27.93%. The ex-dividend date is Friday, September 6th.

CompX International has increased its dividend payment by an average of 35.7% per year over the last three years.

CompX International Trading Down 4.1 %

NYSE CIX opened at $28.64 on Wednesday. CompX International has a 1 year low of $17.39 and a 1 year high of $39.91. The stock’s 50-day moving average price is $25.68 and its two-hundred day moving average price is $27.44. The company has a market cap of $352.67 million, a PE ratio of 17.36 and a beta of 0.76.

CompX International (NYSE:CIX – Get Free Report) last issued its quarterly earnings results on Tuesday, August 6th. The company reported $0.39 EPS for the quarter. CompX International had a net margin of 13.40% and a return on equity of 12.54%. The business had revenue of $35.90 million during the quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of CompX International from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 8th.

Get Our Latest Stock Analysis on CIX

About CompX International

(Get Free Report)

CompX International Inc manufactures and sells security products and recreational marine components primarily in North America. It operates in two segments, Security Products and Marine Components. The Security Products segment manufactures mechanical and electrical cabinet locks, and other locking mechanisms used in various applications, including ignition systems, mailboxes, file cabinets, desk drawers, tool storage cabinets, high security medical cabinetry, integrated inventory and access control secured narcotics boxes, electrical circuit panels, storage compartments, gas station security, and vending and cash containment machines.