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

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

CompX International has increased its dividend payment 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 Trading Up 0.6%

CIX stock opened at $23.44 on Thursday. The firm has a 50 day moving average of $23.29 and a 200-day moving average of $23.18. CompX International has a 12 month low of $20.29 and a 12 month high of $32.30. The firm has a market capitalization of $288.85 million, a P/E ratio of 15.42 and a beta of 0.88.

Hedge Funds Weigh In On CompX International

An institutional investor recently raised its position in CompX International stock. Geode Capital Management LLC increased its position in CompX International Inc. (NYSE:CIX) by 3.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 37,092 shares of the company’s stock after acquiring an additional 1,217 shares during the quarter. Geode Capital Management LLC owned about 0.30% of CompX International worth $863,000 at the end of the most recent quarter. 7.50% of the stock is currently owned by hedge funds and other institutional investors.

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.