Valhi, Inc. reports developments for a diversified holding company engaged in chemicals, component products, and real estate management and development. Its largest recurring operating focus is the Chemicals segment, which produces and markets value-added titanium dioxide pigments, or TiO2, used in paints, plastics, paper, fibers, and ceramics.
Company updates commonly cover quarterly earnings, segment operating results, TiO2 sales volumes and selling prices, currency effects, tax items, environmental remediation matters, and regular common-stock dividends. News also reflects performance in component products, including security products and recreational marine components, and activity in real estate management and development.
Valhi, Inc. (NYSE: VHI) has declared a quarterly dividend of $0.08 per share on common stock, payable on September 23, 2021. Stockholders on record as of the close of business on September 2, 2021 are eligible for this dividend. Valhi operates in the chemicals sector (TiO2), component products (security and marine components), and real estate management and development industries.
Valhi reported strong financial results for Q2 2021, with a net income of $21.4 million ($0.75 per share), a significant turnaround from a net loss of $9.1 million in Q2 2020. For the first half of 2021, net income reached $36.2 million ($1.27 per diluted share) compared to $15.3 million in H1 2020. Key growth drivers included improved operating results across segments, particularly the Chemicals Segment, which generated $478.6 million in Q2 sales, up from $386.0 million a year earlier. Fluctuations in currency exchange rates also positively impacted sales by approximately $22 million.
Valhi, Inc. (NYSE: VHI) has declared a quarterly dividend of $0.08 per share, payable on June 24, 2021, to stockholders on record as of June 7, 2021.
During its annual stockholder meeting on May 27, 2021, Valhi’s stockholders elected six directors for a one-year term and approved the advisory resolution on executive compensation and the 2021 Non-Employee Director Stock Plan.
Valhi operates in the chemicals, component products, and real estate management sectors.
Valhi reported a net income of $14.8 million in Q1 2021, down from $24.4 million in Q1 2020, translating to $0.52 per share versus $0.86 per share last year. The decline was attributed to lower operating results in the Chemicals Segment and reduced tax increment income from Real Estate Management. Chemicals Segment net sales increased to $465 million from $421 million due to higher volumes, though average TiO2 prices fell 1%. Operating income in this segment dropped to $37.7 million from $46.8 million.
Valhi reported a significant increase in net income for Q4 2020, reaching $20.2 million ($0.71 per diluted share), up from $10.8 million ($0.38) in Q4 2019. For the entire year, net income rose to $50.9 million ($1.79 per diluted share) compared to $49.2 million ($1.73) in 2019. The rise in income was primarily driven by strong results in the Real Estate Management Segment, despite declines in the Chemicals and Component Products Segments. Chemicals Segment Q4 sales grew to $414.9 million but yearly sales fell to $1.6 billion from $1.7 billion in 2019. The impact of COVID-19 was considerable, particularly in demand fluctuations.
Valhi, Inc. (NYSE: VHI) declared a quarterly dividend of $0.08 per share on March 4, 2021. The dividend will be payable on March 30, 2021, to stockholders of record as of March 15, 2021. Valhi operates in several industries, including titanium dioxide products, security products, recreational marine components, and real estate management.
Valhi, Inc. (NYSE: VHI) has declared a quarterly dividend of $0.08 per share, payable on December 17, 2020, to stockholders of record as of December 1, 2020. The company operates in various sectors, including titanium dioxide products, security products, and real estate management.
Valhi reported a net income of $15.4 million in Q3 2020, up from $13.1 million in Q3 2019. Year-to-date, net income is $30.7 million, down from $38.5 million in 2019. The Chemicals Segment saw a drop in net sales to $416.9 million from $437.4 million a year earlier, reflecting lowered TiO2 selling prices and sales volumes due to the COVID-19 pandemic. The Component Products Segment experienced reduced sales of $28.4 million, while the Real Estate Segment improved to $13.3 million in sales. The company's results continue to be influenced by the pandemic's impact on operations.
Valhi, Inc. (NYSE: VHI) has declared a quarterly dividend of $0.08 per share on its common stock, set for payment on September 17, 2020. Stockholders must be on record by the close of business on September 1, 2020. Valhi operates in various industries, including titanium dioxide products, component products, and real estate management.
Valhi reported a net loss of $9.1 million, or $0.32 per diluted share, for Q2 2020, contrasting with a net income of $7.1 million, or $0.25 per diluted share, in Q2 2019. For the first half of 2020, net income was $15.3 million compared to $25.3 million a year earlier. The decline is attributed to lower operating results across all segments and a higher effective income tax rate. The Chemicals Segment saw net sales drop from $484.5 million in Q2 2019 to $386.0 million in Q2 2020, driven by a 22% decrease in TiO2 sales volumes due to COVID-19 impacts.