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

(Neutral)

Rhea-AI Summary

NL Industries, Inc. (NYSE: NL) has declared a quarterly dividend of $0.07 per share on its common stock. This dividend is scheduled for payment on September 20, 2022, to shareholders on record as of September 1, 2022. The company operates in the component products sector, focusing on security and recreational marine components, as well as in the chemicals industry, specifically titanium dioxide (TiO2).

Positive

Quarterly dividend of $0.07 per share enhances shareholder income.
Confidence shown in maintaining dividend payments.

Negative

None.

News Market Reaction – NL

-5.22%

-5.22% Session move

In the trading session that priced this news, NL declined 5.22%, reflecting a notable negative 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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08/03/2022 - 04:18 PM

Dallas, Texas, Aug. 03, 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 September 20, 2022 to shareholders of record at the close of business on September 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 for Q3 2022?

NL Industries has declared a dividend of $0.07 per share for Q3 2022.

When will the NL Industries dividend be paid?

The dividend will be paid on September 20, 2022.

What is the record date for the NL Industries dividend?

The record date for the dividend is September 1, 2022.

How often does NL Industries pay dividends?

NL Industries typically pays dividends on a quarterly basis.

Is the dividend from NL Industries sustainable?

The sustainability of the dividend can depend on the company's financial health and earnings.