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

Rhea-AI Summary

NL Industries, Inc. (NYSE:NL) announced a quarterly dividend of $0.07 per share, payable on December 20, 2022, to shareholders on record as of December 1, 2022. This dividend reflects the company's commitment to returning value to its investors. NL Industries operates in the component products sector, including security and recreational marine components, and the chemicals sector focusing on TiO2.

Positive

• Quarterly dividend of $0.07 per share enhances shareholder value.
• Reflects company's commitment to returning value to investors.

Negative

• None.

News Market Reaction – NL

+3.80%

+3.80% Session move

In the trading session that priced this news, NL gained 3.80%, 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, Oct. 27, 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 December 20, 2022 to shareholders of record at the close of business on December 1, 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 October 2022?

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

When is the dividend payment date for NL Industries?

The dividend is payable on December 20, 2022.

Who is eligible to receive the NL Industries dividend?

Shareholders of record as of December 1, 2022, are eligible.

What does NL Industries do?

NL Industries engages in the component products and chemicals businesses.