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

Posted by Steve Reilly on Nov 27th, 2024

CompX International Inc. (NYSE:CIX – Get Free Report) declared a quarterly dividend on Wednesday, November 6th,Wall Street Journal reports. Stockholders of record on Friday, November 29th will be given a dividend of 0.30 per share on Tuesday, December 10th. This represents a $1.20 annualized dividend and a dividend yield of 4.51%. The ex-dividend date is Friday, November 29th.

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

CompX International Stock Performance

NYSE CIX opened at $26.61 on Wednesday. The business’s 50 day moving average price is $29.32 and its 200-day moving average price is $26.66. CompX International has a fifty-two week low of $20.48 and a fifty-two week high of $39.91. The company has a market cap of $327.84 million, a P/E ratio of 18.12 and a beta of 0.76.

Analyst Ratings Changes

Separately, StockNews.com cut CompX International from a “strong-buy” rating to a “buy” rating in a report on Friday, November 8th.

Check Out Our Latest Analysis on CompX International

Insider Activity at CompX International

In related news, Director Mary A. Tidlund sold 1,000 shares of the business’s stock in a transaction on Thursday, November 14th. The stock was sold at an average price of $29.02, for a total transaction of $29,020.00. Following the completion of the transaction, the director now owns 5,650 shares in the company, valued at $163,963. The trade was a 15.04 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.38% of the stock is owned by company insiders.

About CompX International

(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.