COMPX ANNOUNCES INCREASE IN QUARTERLY DIVIDEND

Rhea-AI Summary

CompX International (CIX) has announced a $0.10 increase in its quarterly dividend, raising it to $0.20 per share. The dividend is payable on March 23, 2021, to shareholders on record by the close of business on March 15, 2021. This decision reflects the company's commitment to returning value to its investors. CompX specializes in manufacturing security products and components for recreational marine applications.

Positive

• Dividend increased by $0.10 to $0.20 per share, demonstrating commitment to shareholder returns.

Negative

• None.

Dallas, Texas, March 03, 2021 (GLOBE NEWSWIRE) -- CompX International Inc. (NYSE American:  CIX) announced today a $0.10 per share increase in its regular quarterly dividend.  CompX’s board of directors has declared a regular quarterly dividend of twenty cents ($0.20) per share on its class A common stock, payable on March 23, 2021 to stockholders of record at the close of business on March 15, 2021.

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

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FAQ

What is the new dividend amount for CompX International (CIX)?

The new dividend amount for CompX International is $0.20 per share.

When is the dividend payment date for CompX International (CIX)?

The dividend payment date is March 23, 2021.

What is the record date for the dividend payment from CompX International (CIX)?

The record date for the dividend payment is March 15, 2021.

How often does CompX International (CIX) pay dividends?

CompX International pays dividends on a quarterly basis.