CompX International Inc. Plans Quarterly Dividend of $0.05 (CIX)
CompX International Inc. (NYSE:CIX) declared a quarterly dividend on Friday, November 3rd, Wall Street Journal reports. Shareholders of record on Wednesday, December 6th will be given a dividend of 0.05 per share on Wednesday, December 13th. This represents a $0.20 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date is Tuesday, December 5th.
CompX International has decreased its dividend payment by an average of 10.1% annually over the last three years.
CompX International (CIX) traded down $0.25 during trading on Friday, hitting $14.20. 1,840 shares of the company’s stock traded hands.
CompX International (NYSE:CIX) last issued its earnings results on Wednesday, November 1st. The company reported $0.20 EPS for the quarter. The business had revenue of $27.00 million during the quarter. CompX International had a net margin of 11.01% and a return on equity of 10.22%.
An institutional investor recently raised its position in CompX International stock. Vanguard Group Inc. grew its holdings in CompX International Inc. (NYSE:CIX) by 2.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,747 shares of the company’s stock after buying an additional 258 shares during the period. Vanguard Group Inc. owned 0.09% of CompX International worth $164,000 as of its most recent filing with the Securities & Exchange Commission.
Separately, BMO Capital Markets reiterated a “hold” rating and issued a $29.00 target price on shares of CompX International in a research report on Sunday, September 17th.
CompX International Company Profile
CompX International Inc is a manufacturer of security products used in the recreational transportation, postal, office and institutional furniture, cabinetry, tool storage, healthcare and other industries, and stainless steel exhaust systems, gauges and throttle controls for the recreational marine industry.
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