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

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) declared a quarterly dividend on Thursday, August 7th, RTT News reports. Shareholders of record on Friday, September 5th will be paid a dividend of 0.08 per share by the basic materials company on Thursday, September 25th. This represents a c) dividend on an annualized basis and a yield of 2.1%.

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

Valhi Price Performance

VHI traded up $0.04 on Thursday, hitting $15.54. 11,018 shares of the company's stock were exchanged, compared to its average volume of 18,647. The firm has a 50-day moving average price of $16.59 and a 200-day moving average price of $17.36. The stock has a market cap of $439.62 million, a price-to-earnings ratio of 3.79 and a beta of 1.32. The company has a current ratio of 2.67, a quick ratio of 1.29 and a debt-to-equity ratio of 0.37. Valhi has a fifty-two week low of $14.10 and a fifty-two week high of $41.75.

Valhi (NYSE:VHI - Get Free Report) last released its earnings results on Thursday, August 7th. The basic materials company reported $0.03 earnings per share for the quarter. Valhi had a net margin of 5.54% and a return on equity of 8.60%.

Analysts Set New Price Targets

VHI has been the subject of a number of analyst reports. Barclays dropped their price objective on shares of Valhi from $20.00 to $12.00 and set an "underweight" rating for the company in a report on Wednesday, May 28th. Wall Street Zen upgraded Valhi from a "hold" rating to a "buy" rating in a research report on Tuesday, May 20th.

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.

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