CompX International Inc. (CIX) To Go Ex-Dividend on September 6th

Posted by Chris Copeland on Sep 4th, 2024

CompX International Inc. (NYSE:CIX – Get Free Report) announced a quarterly dividend on Wednesday, August 7th, Wall Street Journal reports. Investors of record on Friday, September 6th will be given a dividend of 0.30 per share on Tuesday, September 17th. This represents a $1.20 dividend on an annualized basis and a yield of 4.19%. The ex-dividend date of this dividend is Friday, September 6th.

CompX International has raised its dividend by an average of 35.7% annually over the last three years.

CompX International Stock Performance

Shares of CIX stock opened at $28.64 on Wednesday. CompX International has a fifty-two week low of $17.39 and a fifty-two week high of $39.91. The firm has a market capitalization of $352.67 million, a price-to-earnings ratio of 17.36 and a beta of 0.76. The stock’s 50-day simple moving average is $25.68 and its 200-day simple moving average is $27.44.

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

Analysts Set New Price Targets

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

Check Out Our Latest Research Report on CIX

CompX International Company Profile

(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.