NL INDUSTRIES ANNOUNCES A SPECIAL DIVIDEND OF 35 CENTS PER SHARE PAYABLE IN AUGUST 2022
NL Industries, Inc. (NYSE: NL) declared a special cash dividend of $0.35 per share, payable on August 31, 2022, to shareholders of record by the close of business on August 22, 2022.
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.
Rhea-AI Summary
NL Industries, Inc. (NYSE: NL) declared a special cash dividend of $0.35 per share, payable on August 31, 2022, to shareholders of record by the close of business on August 22, 2022. This dividend is funded from excess cash flows and is in addition to the previously announced quarterly dividend of $0.07 per share, payable on September 20, 2022, to shareholders of record by the close of business on September 1, 2022. NL Industries operates within the component products and chemicals sectors, primarily focusing on security products and TiO2.
Positive
- Declared a special dividend of $0.35 per share, demonstrating strong cash flow.
- Additional dividend of $0.07 per share scheduled for September 20, 2022.
Negative
- None.
Details
News Market Reaction – NL
The recorded move for NL in the trading session of this news was +8.05%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Dallas, Texas, Aug. 10, 2022 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE: NL) today announced that its board of directors has declared a special cash dividend of thirty-five cents (
NL Industries, Inc. is engaged in the component products (security products and recreational marine components) and chemicals (TiO2) businesses.
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