Quanex Building Products Declares Quarterly Dividend
Rhea-AI Summary
Quanex Building Products Corporation (NYSE:NX) announced a quarterly cash dividend of $0.08 per share on May 26, 2022. This dividend is payable on June 30, 2022, to shareholders of record as of June 15, 2022. Quanex is a leading manufacturer of components in the building products sector, specializing in energy-efficient fenestration products and kitchen and bath cabinet components.
Positive
- Declared a quarterly cash dividend of $0.08 per share.
- Demonstrates company's commitment to returning value to shareholders.
Negative
- None.
News Market Reaction – NX
In the trading session that priced this news, NX gained 1.70%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HOUSTON, TEXAS, May 26, 2022 (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 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.
