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

CompX International Inc. (NYSE:CIX) announced a quarterly dividend on Wednesday, March 5th, RTT News reports. Investors of record on Monday, March 17th will be given a dividend of 0.30 per share on Tuesday, March 25th. This represents a $1.20 annualized dividend and a yield of 5.49%.

CompX International has raised its dividend by an average of 14.5% per year over the last three years.

CompX International Stock Down 1.1 %

Shares of CIX stock traded down $0.25 during trading hours on Wednesday, hitting $21.86. 4,482 shares of the company’s stock traded hands, compared to its average volume of 7,469. CompX International has a 12 month low of $20.60 and a 12 month high of $39.91. The stock has a market cap of $269.29 million, a PE ratio of 14.38 and a beta of 0.76. The stock’s 50 day simple moving average is $25.15 and its 200 day simple moving average is $27.59.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded CompX International from a “strong-buy” rating to a “buy” rating in a research report on Thursday, December 5th.

About CompX International

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.