COMPX ANNOUNCES REGULAR QUARTERLY DIVIDEND AND RESULTS OF THE ANNUAL STOCKHOLDER MEETING

Rhea-AI Summary

CompX International (CIX) has declared a regular quarterly dividend of $0.20 per share, scheduled for payment on June 15, 2021, to shareholders on record by June 7, 2021. During its annual stockholder meeting on May 26, 2021, shareholders elected a board of directors for a one-year term and approved a nonbinding advisory resolution regarding executive compensation. CompX continues to establish its position as a significant manufacturer in security products and recreational marine components.

Positive

• Quarterly dividend of $0.20 per share enhances shareholder income.
• Board of directors elected for a one-year term indicates stability in leadership.

Negative

• None.

Dallas, Texas, May 26, 2021 (GLOBE NEWSWIRE) -- CompX International Inc. (NYSE American:  CIX) announced today that its board of directors has declared CompX’s regular quarterly dividend of twenty cents ($0.20) per share on its class A common stock, payable on June 15, 2021 to stockholders of record at the close of business on June 7, 2021.

CompX also announced that at its annual stockholder meeting held on May 26, 2021, its stockholders:

• elected each of Thomas E. Barry, Loretta J. Feehan, Robert D. Graham, Terri L. Herrington, Scott C. James, Ann Manix and Mary A. Tidlund as a director for a one year term; and
• adopted a resolution that approved, on a nonbinding advisory basis, the compensation of its named executive officers as disclosed in the proxy statement for the 2021 annual stockholder meeting.

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

FAQ

What is the dividend amount declared by CompX International (CIX)?

CompX International declared a quarterly dividend of $0.20 per share.

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

The dividend is payable on June 15, 2021.

What is the record date for CompX International's dividend?

The record date for the dividend is June 7, 2021.

Who were elected to the board of directors during CompX's annual meeting?

The elected directors include Thomas E. Barry, Loretta J. Feehan, Robert D. Graham, and others.

What was approved regarding executive compensation at CompX's annual meeting?

A nonbinding advisory resolution on executive compensation was approved.