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

(Neutral)

Rhea-AI Summary

NL Industries, Inc. (NYSE: NL) announced a quarterly dividend of $0.04 per share, payable on September 15, 2020, to shareholders on record as of September 1, 2020. The company operates in the component products and titanium dioxide sectors, showcasing its diverse portfolio. The dividend reflects the Board's confidence in the company's financial stability and commitment to shareholder returns.

Positive

Quarterly dividend of $0.04 per share indicates financial stability and confidence in future performance.

Negative

None.

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

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08/05/2020 - 04:30 PM

Dallas, Texas, Aug. 05, 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 September 15, 2020 to shareholders of record at the close of business on September 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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SOURCE:  NL Industries, Inc.
CONTACT:  Janet G. Keckeisen, Vice President - Corporate Strategy and Investor Relations, 972.233.1700

FAQ

What is the dividend amount for NL Industries in 2020?

The dividend amount is $0.04 per share.

When will the NL Industries dividend be paid?

The dividend will be paid on September 15, 2020.

What is the record date for the NL Industries dividend?

The record date for the dividend is September 1, 2020.

How often does NL Industries pay dividends?

NL Industries typically pays dividends quarterly.