CompX International Inc. (CIX) to Issue Quarterly Dividend of $0.30 on March 25th

CompX International Inc. (NYSE:CIX) announced a quarterly dividend on Wednesday, March 5th, RTT News reports. Stockholders of record on Monday, March 17th will be paid a dividend of 0.30 per share on Tuesday, March 25th. This represents a $1.20 annualized dividend and a dividend yield of 5.36%. The ex-dividend date is Monday, March 17th.

CompX International has raised its dividend by an average of 14.5% annually over the last three years.

CompX International Stock Up 2.4 %

Shares of CIX stock opened at $22.37 on Friday. The company has a 50 day moving average of $24.44 and a 200-day moving average of $27.30. CompX International has a 12-month low of $20.60 and a 12-month high of $39.91. The firm has a market cap of $275.58 million, a P/E ratio of 14.72 and a beta of 0.71.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of CompX International from a “strong-buy” rating to a “buy” rating in a research note on Thursday, December 5th.

About CompX International

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.