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

Rhea-AI Summary

CompX International (CIX) has declared a quarterly dividend of $0.10 per share, payable on June 16, 2020, to stockholders of record by the close of business on June 9, 2020. During the annual stockholder meeting held on May 27, 2020, stockholders elected directors for a one-year term and approved executive compensation on a nonbinding advisory basis. CompX specializes in manufacturing security products and recreational marine components, continuing its commitment to shareholder returns and effective governance.

Positive

• Declaration of a quarterly dividend of $0.10 per share, indicating a commitment to returning value to shareholders.
• Successful election of directors, suggesting stable governance and confidence in leadership.

Negative

• None.

Dallas, Texas, May 27, 2020 (GLOBE NEWSWIRE) -- CompX International Inc. (NYSE American:  CIX) announced today that its board of directors has declared CompX’s regular quarterly dividend of ten cents ($0.10) per share on its class A common stock, payable on June 16, 2020 to stockholders of record at the close of business on June 9, 2020.

CompX also announced that at its annual stockholder meeting held on May 27, 2020, its stockholders:

• elected each of Thomas E. Barry, David A. Bowers, Loretta J. Feehan, Robert D. Graham, Terri L. Herrington, 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 2020 annual stockholder meeting.

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

SOURCE:  CompX International Inc.
CONTACT:  Janet G. Keckeisen, Investor Relations, 972.233.1700

FAQ

What is the amount of the dividend declared by CompX International?

CompX International declared a dividend of $0.10 per share.

When is the dividend payment date for CompX International?

The dividend is payable on June 16, 2020.

What is the record date for receiving the dividend from CompX International?

The record date for the dividend is June 9, 2020.

What happened at the CompX International annual stockholder meeting?

During the meeting, stockholders elected directors and approved executive compensation recommendations.