Valhi, Inc. (NYSE:VHI) Plans Quarterly Dividend of $0.08

Key Points

• Valhi, Inc. has declared a quarterly dividend of $0.08 per share, payable on September 25th to shareholders of record on September 5th, representing an annualized yield of 2.1%.
• The company's recent earnings report indicated earnings per share of $0.03, with a net margin of 5.54% and a return on equity of 8.60%.
• Analysts have varied opinions on Valhi, with Barclays lowering their price target from $20 to $12, while Wall Street Zen upgraded its rating from "hold" to "buy."

Valhi, Inc. (NYSE:VHI - Get Free Report) announced a quarterly dividend on Thursday, August 7th, RTT News reports. Investors of record on Friday, September 5th will be given a dividend of 0.08 per share by the basic materials company on Thursday, September 25th. This represents a c) annualized dividend and a yield of 2.1%. The ex-dividend date is Friday, September 5th.

Valhi has a dividend payout ratio of 8.8% indicating that its dividend is sufficiently covered by earnings.

Valhi Stock Performance

NYSE VHI traded down $0.08 during trading hours on Monday, hitting $15.43. The company's stock had a trading volume of 176 shares, compared to its average volume of 18,436. The company has a market cap of $436.53 million, a P/E ratio of 4.50 and a beta of 1.32. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.83 and a quick ratio of 1.35. The company's 50 day simple moving average is $16.62 and its two-hundred day simple moving average is $17.15. Valhi has a 12 month low of $14.10 and a 12 month high of $41.75.

Valhi (NYSE:VHI - Get Free Report) last issued its earnings results on Thursday, August 7th. The basic materials company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by ($0.73). The business had revenue of $540.40 million for the quarter. Valhi had a net margin of 4.69% and a return on equity of 7.02%.

Valhi Company Profile

Valhi, Inc engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, and internationally. The company's Chemicals segment produces and markets titanium dioxide pigments (TiO2), which are white inorganic pigments used in various applications by paint, plastics, decorative laminate, and paper manufacturers.