Valhi, Inc. (VHI) to Issue Quarterly Dividend of $0.08 on December 18th

Valhi, Inc. (NYSE:VHI) announced a quarterly dividend on Thursday, November 6th. Investors of record on Friday, November 21st will be paid a dividend of 0.08 per share by the basic materials company on Thursday, December 18th. This represents a c) annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Friday, November 21st.

Valhi has decreased its dividend by an average of 0.2%annually over the last three years. Valhi has a payout ratio of 8.8% indicating that its dividend is sufficiently covered by earnings.

Valhi Stock Performance

Valhi stock opened at $13.83 on Friday. The firm has a market capitalization of $391.33 million, a PE ratio of 4.03 and a beta of 1.18. Valhi has a one year low of $12.58 and a one year high of $41.75. The stock’s 50 day moving average price is $15.25 and its 200 day moving average price is $16.09. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.35 and a current ratio of 2.83.

Valhi (NYSE:VHI) last posted its quarterly earnings data on Thursday, November 6th. The basic materials company reported ($0.33) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.83 by ($1.16). Valhi had a net margin of 4.69% and a return on equity of 7.02%. The firm had revenue of $503.50 million for the quarter.

About Valhi

Valhi, Inc engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, and internationally. The company’s Chemicals segment produces and markets titanium dioxide pigments (TiO2), which are white inorganic pigments used in various applications by paint, plastics, decorative laminate, and paper manufacturers.