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

Key Points

• CompX International Inc. declared a quarterly dividend of $0.30 per share, payable on September 16th to shareholders of record as of September 5th, representing a 5.2% yield.
• The company's stock saw a slight increase of $0.20, reaching a trading price of $22.97, with a market capitalization of $282.97 million.
• CompX operates in two main segments, Security Products and Marine Components, providing mechanical and electrical locking mechanisms for various applications.

CompX International Inc. (NYSE:CIX - Get Free Report) announced a quarterly dividend on Tuesday, August 5th, RTT News reports. Shareholders of record on Friday, September 5th will be given a dividend of 0.30 per share on Tuesday, September 16th. This represents a c) annualized dividend and a yield of 5.2%.

CompX International Stock Performance

NYSE CIX traded up $0.20 during trading on Tuesday, hitting $22.97. The stock had a trading volume of 9,532 shares, compared to its average volume of 6,649. The company has a market capitalization of $282.97 million, a PE ratio of 15.11 and a beta of 1.05. The company's 50-day moving average price is $24.89 and its two-hundred day moving average price is $24.37. CompX International has a 12 month low of $17.89 and a 12 month high of $36.10.

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.

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