COMPX ANNOUNCES INCREASE IN QUARTERLY DIVIDEND

Rhea-AI Summary

CompX International has announced a $0.05 increase in its quarterly dividend, raising it to $0.25 per share. This dividend is payable on March 22, 2022, to stockholders recorded by the close of business on March 14, 2022. CompX, a renowned manufacturer of security products and recreational marine components, demonstrates its ongoing commitment to returning value to shareholders.

Positive

• Increased quarterly dividend from $0.20 to $0.25 per share.
• Demonstrates company commitment to returning value to shareholders.

Negative

• None.

News Market Reaction – CIX

-3.80%

1 alert

-3.80% News Effect

On the day this news was published, CIX declined 3.80%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Dallas, Texas, March 02, 2022 (GLOBE NEWSWIRE) -- CompX International Inc. (NYSE American:  CIX) announced today a $0.05 per share increase in its regular quarterly dividend.  CompX’s board of directors has declared a regular quarterly dividend of twenty-five cents ($0.25) per share on its class A common stock, payable on March 22, 2022 to stockholders of record at the close of business on March 14, 2022.

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

* * * *

FAQ

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

CompX International (CIX) has increased its quarterly dividend to $0.25 per share.

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

The dividend payment date for CompX International is March 22, 2022.

What is the record date for CompX International's dividend payment?

The record date for CompX International's dividend payment is March 14, 2022.

How much has CompX International increased its dividend?

CompX International has increased its dividend by $0.05 per share.