Quanex Building Products Declares Quarterly Dividend

Rhea-AI Summary

On December 10, 2021, Quanex Building Products Corporation (NYSE:NX) announced a quarterly cash dividend of $0.08 per share. This dividend is payable on December 31, 2021, to shareholders on record as of December 21, 2021. Quanex specializes in manufacturing energy-efficient fenestration products and components for the building products industry, serving original equipment manufacturers (OEMs).

AI-generated analysis. Not financial advice.

Positive

• Quarterly cash dividend of $0.08 per share enhances shareholder income.
• Demonstrates company confidence in financial stability.

Negative

• None.

News Market Reaction – NX

+0.90%

1 alert

+0.90% News Effect

On the day this news was published, NX gained 0.90%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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HOUSTON, Dec. 10, 2021 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE:NX) (“Quanex” or the “Company”) today announced that its Board of Directors declared a quarterly cash dividend of $0.08 per share on the Company’s common stock, payable December 31, 2021, to shareholders of record on December 21, 2021.

About Quanex

Quanex Building Products Corporation is an industry-leading manufacturer of components sold to Original Equipment Manufacturers (OEMs) in the building products industry.  Quanex designs and produces energy-efficient fenestration products in addition to kitchen and bath cabinet components.

Contact:

Scott Zuehlke
SVP, Chief Financial Officer & Treasurer
713-877-5327
scott.zuehlke@quanex.com 

FAQ

What is the dividend amount declared by NX?

The dividend amount declared by Quanex Building Products Corporation (NX) is $0.08 per share.

When will the NX dividend be paid?

The NX dividend will be paid on December 31, 2021.

What is the record date for the NX dividend?

The record date for the NX dividend is December 21, 2021.

How often does NX pay dividends?

Quanex Building Products Corporation typically pays dividends quarterly.

Is the NX dividend sustainable?

The sustainability of the NX dividend depends on the company's ongoing financial performance.