CompX International Inc. (NYSE:CIX) Declares Quarterly Dividend of $0.30

CompX International Inc. (NYSE:CIX) announced a quarterly dividend on Wednesday, May 20th. Shareholders of record on Thursday, June 4th will be paid a dividend of 0.30 per share on Tuesday, June 16th. This represents a c) annualized dividend and a yield of 5.1%. The ex-dividend date is Thursday, June 4th.

CompX International has raised its dividend by an average of 0.3%annually over the last three years and has increased its dividend annually for the last 1 consecutive years.

CompX International Price Performance

Shares of CompX International stock opened at $23.44 on Thursday. CompX International has a 1 year low of $20.29 and a 1 year high of $32.30. The firm has a market cap of $288.85 million, a PE ratio of 15.42 and a beta of 0.88. The company has a 50 day simple moving average of $23.29 and a two-hundred day simple moving average of $23.18.

Institutional Investors Weigh In On CompX International

A hedge fund recently bought a new stake in CompX International stock. Russell Investments Group Ltd. bought a new stake in shares of CompX International Inc. (NYSE:CIX) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 4,386 shares of the company’s stock, valued at approximately $103,000. Hedge funds and other institutional investors own 7.50% of the company’s stock.

About CompX International

CompX International Inc is a U.S.-based manufacturer specializing in security and specialty products for industrial, residential and marine markets. Headquartered in Dallas, Texas, the company designs, engineers and assembles a broad range of hardware solutions that combine durable materials with precision components. Its product portfolio caters to original equipment manufacturers (OEMs), distributors and retail outlets, positioning CompX as a key supplier across multiple end-use sectors.

The company’s Security Products segment offers mechanical and electronic locking solutions, door and cabinet hardware, and cam-action assemblies.