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COMPX ANNOUNCES A SPECIAL DIVIDEND OF $2.00 PER SHARE PAYABLE IN AUGUST 2024, AND DECLARES REGULAR QUARTERLY DIVIDEND

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CompX International Inc. (NYSE American: CIX) has announced a special cash dividend of $2.00 per share and a regular quarterly dividend of $0.30 per share on its class A common stock. The special dividend is payable on August 28, 2024 to stockholders of record as of August 19, 2024. The regular quarterly dividend will be paid on September 17, 2024 to stockholders of record as of September 6, 2024.

CompX, a leading manufacturer of security products and recreational marine components, emphasizes its commitment to balancing business growth investments with stockholder distributions. The company's strategy focuses on generating consistent healthy cash flow and maintaining a strong balance sheet, allowing for this additional cash return to shareholders while preserving financial strength for future business investments.

CompX International Inc. (NYSE American: CIX) ha annunciato un dividendo speciale in contante di 2,00 $ per azione e un dividendo trimestrale regolare di 0,30 $ per azione per le sue azioni ordinarie di classe A. Il dividendo speciale sarà pagato il 28 agosto 2024 agli azionisti registrati al 19 agosto 2024. Il dividendo trimestrale regolare sarà pagato il 17 settembre 2024 agli azionisti registrati al 6 settembre 2024.

CompX, un importante produttore di prodotti per la sicurezza e componenti marini ricreativi, sottolinea il proprio impegno nel bilanciare gli investimenti per la crescita aziendale con le distribuzioni agli azionisti. La strategia dell'azienda si concentra sulla generazione di un flusso di cassa sano e costante e sul mantenimento di un solido bilancio, consentendo così a questi ulteriori ritorni monetari per gli azionisti di preservare al contempo la solidità finanziaria per futuri investimenti aziendali.

CompX International Inc. (NYSE American: CIX) ha anunciado un dividendo especial en efectivo de 2,00 $ por acción y un dividendo trimestral regular de 0,30 $ por acción para sus acciones ordinarias de clase A. El dividendo especial se pagará el 28 de agosto de 2024 a los accionistas registrados hasta el 19 de agosto de 2024. El dividendo trimestral regular se pagará el 17 de septiembre de 2024 a los accionistas registrados hasta el 6 de septiembre de 2024.

CompX, un destacado fabricante de productos de seguridad y componentes marinos recreativos, enfatiza su compromiso de equilibrar las inversiones en el crecimiento del negocio con las distribuciones a los accionistas. La estrategia de la empresa se centra en generar un flujo de caja saludable y constante y mantener un balance sólido, lo que permite este retorno adicional en efectivo a los accionistas mientras se preserva la fortaleza financiera para futuras inversiones comerciales.

CompX International Inc. (NYSE American: CIX)는 주당 2.00 달러의 특별 현금 배당금주당 0.30 달러의 정기 분기 배당금을 클래스 A 보통주에 대해 발표했습니다. 특별 배당금은 2024년 8월 28일2024년 8월 19일 기준 주주에게 지급됩니다. 정기 분기 배당금은 2024년 9월 17일2024년 9월 6일 기준 주주에게 지급됩니다.

CompX는 보안 제품 및 레크리에이션 해양 부품의 주요 제조업체로서 비즈니스 성장 투자와 주주 분배 간의 균형을 유지하겠다는 약속을 강조합니다. 회사의 전략은 일관되게 건전한 현금 흐름을 생성하고 강력한 재무 상태를 유지하는 데 중점을 두어, 향후 비즈니스 투자에 대한 재정적 강도를 유지하면서 주주에게 추가적인 현금 반환을 가능하게 합니다.

CompX International Inc. (NYSE American: CIX) a annoncé un dividende exceptionnel en espèces de 2,00 $ par action et un dividende trimestriel régulier de 0,30 $ par action sur ses actions ordinaires de classe A. Le dividende exceptionnel sera payable le 28 août 2024 aux actionnaires inscrits au 19 août 2024. Le dividende trimestriel régulier sera payé le 17 septembre 2024 aux actionnaires inscrits au 6 septembre 2024.

CompX, un fabricant leader de produits de sécurité et de composants marins de loisirs, souligne son engagement à équilibrer les investissements pour la croissance de l'entreprise avec les distributions aux actionnaires. La stratégie de l'entreprise se concentre sur la génération d'un flux de trésorerie sain et constant tout en maintenant un bilan solide, permettant ainsi ce retour d'argent supplémentaire aux actionnaires tout en conservant une force financière pour de futurs investissements commerciaux.

CompX International Inc. (NYSE American: CIX) hat eine sonstige Bardividende von 2,00 $ pro Aktie und eine reguläre vierteljährliche Dividende von 0,30 $ pro Aktie für ihre Stammaktien der Klasse A angekündigt. Die Sonderdividende ist am 28. August 2024 an die Aktionäre mit Stichtag 19. August 2024 zahlbar. Die reguläre vierteljährliche Dividende wird am 17. September 2024 an die Aktionäre mit Stichtag 6. September 2024 ausgezahlt.

CompX, ein führender Hersteller von Sicherheitsprodukten und Freizeitbootkomponenten, betont sein Engagement für die Balance zwischen Investitionen in das Unternehmenswachstum und Ausschüttungen an die Aktionäre. Die Strategie des Unternehmens konzentriert sich darauf, einen konstanten, gesunden Cashflow zu generieren und eine starke Bilanz aufrechtzuerhalten, was diese zusätzliche Barauszahlung an die Aktionäre ermöglicht, während die finanzielle Stärke für zukünftige Geschäftsinvestitionen gewahrt bleibt.

Positive
  • Declaration of a special cash dividend of $2.00 per share
  • Continuation of regular quarterly dividend of $0.30 per share
  • Strong balance sheet and consistent healthy cash flow generation
  • Ability to return additional cash to stockholders while maintaining financial flexibility
Negative
  • None.

Dallas, Texas, Aug. 06, 2024 (GLOBE NEWSWIRE) -- CompX International Inc. (NYSE American: CIX) announced today that its board of directors has declared a special cash dividend of two dollars ($2.00) per share and a regular quarterly dividend of thirty cents ($0.30) per share, in each case on its class A common stock. The special cash dividend is payable on August 28, 2024 to stockholders of record at the close of business on August 19, 2024. The regular quarterly dividend of $0.30 per share is payable on September 17, 2024 to stockholders of record at the close of business on September 6, 2024.

CompX is committed to balancing investment in the growth of its business with stockholder distributions. CompX’s strategy focused on generating consistent healthy cash flow through all cycles along with its strong balance sheet and disciplined approach to capital investment has provided this opportunity to return additional cash to our stockholders in 2024 while maintaining financial strength and flexibility to continue to invest in our business over the long term.

CompX is a leading manufacturer of security products and recreational marine components.

* * * *

Investor Relations Contact

Bryan A. Hanley
Senior Vice President and Treasurer
Tel. 972-233-1700


FAQ

What is the amount of CompX International's special dividend for 2024?

CompX International (CIX) has declared a special cash dividend of $2.00 per share for 2024.

When will CompX International pay its special dividend in 2024?

CompX International (CIX) will pay its special dividend on August 28, 2024, to stockholders of record as of August 19, 2024.

What is CompX International's regular quarterly dividend amount?

CompX International (CIX) has declared a regular quarterly dividend of $0.30 per share.

When is the next regular quarterly dividend payment for CompX International (CIX)?

CompX International's next regular quarterly dividend of $0.30 per share is payable on September 17, 2024, to stockholders of record as of September 6, 2024.

How does CompX International balance shareholder returns with business investments?

CompX International (CIX) focuses on generating consistent healthy cash flow, maintaining a strong balance sheet, and taking a disciplined approach to capital investment, allowing them to return cash to stockholders while preserving financial flexibility for business investments.

Comp X International Inc.

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Security & Protection Services
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