CompX International Inc. (NYSE:CIX) to Issue Quarterly Dividend of $2.00

CompX International Inc. (NYSE:CIX) declared a quarterly dividend on Tuesday, August 6th, NASDAQ reports. Investors of record on Friday, September 6th will be given a dividend of 2.00 per share on Tuesday, September 17th. This represents a $8.00 annualized dividend and a yield of 27.62%. The ex-dividend date of this dividend 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 Up 1.0 %

NYSE:CIX opened at $28.96 on Thursday. The firm has a market capitalization of $356.61 million, a price-to-earnings ratio of 17.55 and a beta of 0.76. CompX International has a 1-year low of $17.39 and a 1-year high of $39.91. The business’s fifty day moving average price is $25.78 and its 200 day moving average price is $27.45.

CompX International (NYSE:CIX) last posted its quarterly earnings results on Tuesday, August 6th. The company reported $0.39 earnings per share for the quarter. The firm had revenue of $35.90 million for the quarter. CompX International had a return on equity of 12.54% and a net margin of 13.40%.

Analyst Ratings Changes

Separately, StockNews.com upgraded CompX International from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 8th.

CompX International Company Profile

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.