NL INDUSTRIES ANNOUNCES QUARTERLY DIVIDEND FOR THE FIRST QUARTER OF 2022 AT $.07 PER SHARE

Rhea-AI Summary

NL Industries, Inc. (NYSE: NL) has announced a quarterly dividend of $0.07 per share, payable on March 24, 2022. Shareholders of record will be determined at the close of business on March 14, 2022. The company operates in the component products and chemicals sectors, focusing on security products, recreational marine components, and TiO2 chemicals.

Positive

• Quarterly dividend of $0.07 per share enhances shareholder value.
• Stable operations in component products and chemicals sector.

Negative

• None.

News Market Reaction – NL

+2.54%

+2.54% Session move

In the trading session that priced this news, NL gained 2.54%, reflecting a moderate positive 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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Dallas, Texas, March 02, 2022 (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 24, 2022 to shareholders of record at the close of business on March 14, 2022. 

            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 in March 2022?

NL Industries declared a dividend of $0.07 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on March 24, 2022.

What is the record date for the dividend payment of NL Industries?

The record date for the dividend payment is March 14, 2022.

What sectors does NL Industries operate in?

NL Industries operates in component products and chemicals sectors.