Quanex Building Products Declares Quarterly Dividend
Rhea-AI Summary
Quanex Building Products (NYSE:NX) has announced a quarterly cash dividend declaration. The company's Board of Directors has approved a dividend payment of $0.08 per share on its common stock. The dividend will be paid on March 31, 2025, to shareholders who are recorded as stockholders as of March 17, 2025.
Positive
- Regular quarterly dividend maintained at $0.08 per share
Negative
- None.
News Market Reaction
On the day this news was published, NX declined 1.68%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
HOUSTON, Feb. 27, 2025 (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
About Quanex
Quanex is a global manufacturer with core capabilities and broad applications across various end markets. The Company currently collaborates and partners with leading OEMs to provide innovative solutions in the window, door, solar, refrigeration, custom mixing, building access and cabinetry markets. Looking ahead, Quanex plans to leverage its material science expertise and process engineering to expand into adjacent markets.
Contact:
Scott Zuehlke
SVP, Chief Financial Officer & Treasurer
713-877-5327
scott.zuehlke@quanex.com