NL INDUSTRIES ANNOUNCES A SPECIAL DIVIDEND OF 43 CENTS PER SHARE PAYABLE IN AUGUST 2024, AND A QUARTERLY DIVIDEND FOR THE THIRD QUARTER OF 2024 AT 8 CENTS PER SHARE
NL Industries (NYSE: NL) has announced two dividend payments for shareholders.
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 (NYSE: NL) has announced two dividend payments for shareholders. The company's board of directors has declared a special cash dividend of $0.43 per share, payable on August 29, 2024, to shareholders of record as of August 19, 2024. This special dividend will be funded from excess cash flows. Additionally, NL Industries has declared a quarterly dividend of $0.08 per share, payable on September 24, 2024, to shareholders of record as of September 6, 2024. NL Industries is involved in component products (security products and recreational marine components) and chemicals (TiO2) businesses.
Positive
- Special cash dividend of $0.43 per share announced
- Regular quarterly dividend of $0.08 per share maintained
- Special dividend funded from excess cash flows, indicating strong cash position
Negative
- None.
Details
News Market Reaction – NL
The recorded move for NL in the trading session of this news was +10.48%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Dallas, Texas, Aug. 07, 2024 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE: NL) today announced that its board of directors has declared a special cash dividend of forty-three cents (
NL Industries, Inc. is engaged in the component products (security products and recreational marine components) and chemicals (TiO2) businesses.
* * * * *
Investor Relations Contact
Bryan A. Hanley
Senior Vice President and Treasurer
Tel. 972-233-1700
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.