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

CompX International Inc. (NYSE:CIXGet Free Report) announced a quarterly dividend on Wednesday, March 4th. Shareholders of record on Monday, March 16th will be given a dividend of 0.30 per share on Tuesday, March 24th. This represents a c) dividend on an annualized basis and a yield of 4.9%. The ex-dividend date is Monday, March 16th.

CompX International has raised its dividend payment by an average of 0.6%annually over the last three years and has raised its dividend annually for the last 1 consecutive years.

CompX International Stock Performance

Shares of CIX stock opened at $24.73 on Thursday. CompX International has a 1 year low of $17.89 and a 1 year high of $32.30. The business’s fifty day moving average is $23.64 and its 200-day moving average is $23.44. The stock has a market cap of $304.75 million, a PE ratio of 16.27 and a beta of 1.07.

Hedge Funds Weigh In On CompX International

A hedge fund recently bought a new stake in CompX International stock. Russell Investments Group Ltd. bought a new position in shares of CompX International Inc. (NYSE:CIXFree Report) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 4,386 shares of the company’s stock, valued at approximately $103,000. Institutional investors own 7.50% of the company’s stock.

About CompX International

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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.

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Dividend History for CompX International (NYSE:CIX)

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