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COMPX ANNOUNCES INCREASE IN QUARTERLY DIVIDEND

CompX International (CIX) has announced a $0.10 increase in its quarterly dividend, raising it to $0.20 per share.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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dividends

Rhea-AI Summary

CompX International (CIX) has announced a $0.10 increase in its quarterly dividend, raising it to $0.20 per share. The dividend is payable on March 23, 2021, to shareholders on record by the close of business on March 15, 2021. This decision reflects the company's commitment to returning value to its investors. CompX specializes in manufacturing security products and components for recreational marine applications.

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Positive

  • Dividend increased by $0.10 to $0.20 per share, demonstrating commitment to shareholder returns.

Negative

  • None.
Argus Session date unavailable
-1.25% session move Open Argus
Details

News Market Reaction – CIX

The recorded move for CIX in the trading session of this news was -1.25%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Dallas, Texas, March 03, 2021 (GLOBE NEWSWIRE) -- CompX International Inc. (NYSE American:  CIX) announced today a $0.10 per share increase in its regular quarterly dividend.  CompX’s board of directors has declared a regular quarterly dividend of twenty cents ($0.20) per share on its class A common stock, payable on March 23, 2021 to stockholders of record at the close of business on March 15, 2021.

CompX is a leading manufacturer of security products and recreational marine components.

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FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the new dividend amount for CompX International (CIX)?

The new dividend amount for CompX International is $0.20 per share.

When is the dividend payment date for CompX International (CIX)?

The dividend payment date is March 23, 2021.

What is the record date for the dividend payment from CompX International (CIX)?

The record date for the dividend payment is March 15, 2021.

How often does CompX International (CIX) pay dividends?

CompX International pays dividends on a quarterly basis.

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