NL INDUSTRIES ANNOUNCES QUARTERLY DIVIDEND FOR THE FOURTH QUARTER OF 2020 AT $.04 PER SHARE

Rhea-AI Summary

NL Industries, Inc. (NYSE:NL) has announced a quarterly dividend of $0.04 per share, payable on December 15, 2020, to shareholders on record by December 1, 2020. The company is engaged in the component products sector, which includes security products and recreational marine components, as well as titanium dioxide products.

Positive

• Quarterly dividend of $0.04 per share supports shareholder income.
• Demonstrates management's confidence in financial stability.

Negative

• None.

News Market Reaction

-3.72%

1 alert

-3.72% News Effect

On the day this news was published, NL declined 3.72%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Dallas, Texas, Oct. 29, 2020 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE:NL) today announced that its Board of Directors voted to declare a quarterly dividend of four cents ($0.04) per share on its common stock payable on December 15, 2020 to shareholders of record at the close of business on December 1, 2020. 

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

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FAQ

What is the dividend amount declared by NL Industries?

NL Industries declared a dividend of $0.04 per share.

When is the payment date for NL Industries' dividend?

The dividend payment date is December 15, 2020.

Who is eligible to receive the NL Industries dividend?

Shareholders of record by December 1, 2020, are eligible for the dividend.

What businesses does NL Industries operate in?

NL Industries operates in the component products and titanium dioxide products sectors.