CompX International Inc. (NYSE:CIX) Declares Quarterly Dividend of $0.30

CompX International Inc. (NYSE:CIX) announced a quarterly dividend on Thursday, November 7th,Wall Street Journal reports. Investors of record on Friday, November 29th will be given a dividend of 0.30 per share on Tuesday, December 10th. This represents a $1.20 annualized dividend and a yield of 3.97%. The ex-dividend date is Friday, November 29th.

CompX International has increased its dividend by an average of 35.7% per year over the last three years.

CompX International Trading Down 9.6 %

CIX traded down $3.21 during trading on Thursday, hitting $30.19. The company’s stock had a trading volume of 25,550 shares, compared to its average volume of 13,241. CompX International has a twelve month low of $18.76 and a twelve month high of $39.91. The business’s fifty day simple moving average is $29.17 and its 200 day simple moving average is $26.96. The firm has a market capitalization of $371.94 million, a price-to-earnings ratio of 16.90 and a beta of 0.76.

CompX International (NYSE:CIX) last issued its quarterly earnings results on Tuesday, August 6th. The company reported $0.39 earnings per share (EPS) for the quarter. CompX International had a return on equity of 12.54% and a net margin of 13.40%. The firm had revenue of $35.90 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded CompX International from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 8th.

CompX International Company Profile

CompX International Inc manufactures and sells security products and recreational marine components primarily in North America. It operates in two segments, Security Products and Marine Components. The Security Products segment manufactures mechanical and electrical cabinet locks, and other locking mechanisms used in various applications, including ignition systems, mailboxes, file cabinets, desk drawers, tool storage cabinets, high security medical cabinetry, integrated inventory and access control secured narcotics boxes, electrical circuit panels, storage compartments, gas station security, and vending and cash containment machines.