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

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.

(Moderate)

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.

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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.

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Positive

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

Negative

  • None.
Argus Session date unavailable
-3.72% session move Open Argus
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News Market Reaction – NL

The recorded move for NL in the trading session of this news was -3.72%.

Data tracked by StockTitan Argus. Session date unavailable.

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

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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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

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