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.

AI-generated analysis. Not financial advice.

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

+1.70%

1 alert

+1.70% News Effect

On the day this news was published, NX gained 1.70%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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 $0.08 per share on the Company’s common stock, payable June 30, 2022, to shareholders of record on June 15, 2022. 

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.

FAQ

What is the dividend amount for NX?

The dividend amount declared by Quanex is $0.08 per share.

When is the dividend payment date for NX?

The dividend payment date is June 30, 2022.

Who is eligible to receive the NX dividend?

Shareholders of record as of June 15, 2022, are eligible to receive the dividend.

How often does NX pay dividends?

Quanex typically declares dividends quarterly.