NL INDUSTRIES, INC. ANNOUNCES QUARTERLY DIVIDEND AND RESULTS OF ANNUAL SHAREHOLDER MEETING
Rhea-AI Summary
NL Industries (NYSE: NL) has announced a quarterly dividend of $0.09 per share, payable on June 24, 2025, to shareholders of record as of June 9, 2025. At its 2025 annual shareholder meeting, the company's shareholders elected seven directors for one-year terms and approved executive compensation on a nonbinding advisory basis. Following the meeting, the board expanded from seven to eight members with the election of Dr. R. Gerald Turner, who will also serve on the audit committee. NL Industries operates in component products (security products and recreational marine components) and chemicals (TiO2) sectors.
Positive
- Quarterly dividend of $0.09 per share maintained, showing stable shareholder returns
- Board expansion with addition of new director Dr. R. Gerald Turner to strengthen oversight
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, NL declined 2.11%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Dallas, Texas, May 15, 2025 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE: NL) announced that its board of directors has declared a quarterly dividend of nine cents (
NL Industries also announced that at its 2025 annual shareholder meeting held today its shareholders had:
- elected each of Loretta J. Feehan, John E. Harper, Kevin B. Kramer, Meredith W. Mendes, Cecil H. Moore, Jr., Courtney J. Riley and Michael S. Simmons as a director for a one-year term; and
- adopted a resolution that approved, on a nonbinding advisory basis, the compensation of its named executive officers as disclosed in the proxy statement for the 2025 annual shareholder meeting.
Following the annual meeting of shareholders, today the NL board of directors increased the size of the board from seven to eight and elected Dr. R. Gerald Turner to fill the newly created vacancy. The board of directors also appointed Dr. Turner to serve on its audit committee.
NL Industries, Inc. is engaged in the component products (security products and recreational marine components) and chemicals (TiO2) businesses.
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Investor Relations Contact
Bryan A. Hanley
Senior Vice President and Treasurer
Tel. 972-233-1700