NL INDUSTRIES ANNOUNCES QUARTERLY DIVIDEND FOR THE FIRST QUARTER OF 2023 AT $.07 PER SHARE

(Neutral)

Rhea-AI Summary

NL Industries, Inc. (NYSE: NL) has announced a quarterly dividend of $0.07 per share on its common stock. This dividend is payable on March 23, 2023, to shareholders of record as of the close of business on March 7, 2023.

NL Industries operates in the component products and chemicals sectors, specifically focusing on security products, recreational marine components, and titanium dioxide (TiO2). The declaration of a dividend confirms the company's commitment to returning value to its shareholders.

Positive

Quarterly dividend of $0.07 per share declared.
Dividend payment date set for March 23, 2023.

Negative

None.

News Market Reaction – NL

-2.34%

-2.34% Session move

In the trading session that priced this news, NL declined 2.34%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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

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02/23/2023 - 04:15 PM

Dallas, Texas, Feb. 23, 2023 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE: NL) today announced that its board of directors has declared a quarterly dividend of seven cents ($0.07) per share on its common stock, payable on March 23, 2023 to shareholders of record at the close of business on March 7, 2023.

NL Industries, Inc. is engaged in the component products (security products and recreational marine components) and chemicals (TiO₂) businesses.

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FAQ

What is the dividend amount declared by NL Industries?

NL Industries declared a quarterly dividend of $0.07 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on March 23, 2023.

What is the record date for NL's dividend?

The record date for the dividend is March 7, 2023.

What businesses does NL Industries engage in?

NL Industries is involved in component products and chemicals, including security products, recreational marine components, and titanium dioxide.