Quanex Building Products Declares Quarterly Dividend

Rhea-AI Summary

Quanex Building Products Corporation (NYSE:NX) has announced a quarterly cash dividend of $0.08 per share, payable on December 30, 2020, to shareholders on record as of December 16, 2020. This dividend reflects the company's commitment to providing returns to its shareholders while maintaining its status as a leading manufacturer of energy-efficient building products.

Quanex's innovative offerings in fenestration and cabinetry highlight its competitive edge in the building products industry. Investors can look forward to this cash dividend as a sign of the company's ongoing stability and performance.

Positive

• Quarterly cash dividend of $0.08 per share announced.
• Dividend payment date set for December 30, 2020.
• Company demonstrates commitment to shareholder returns.

Negative

• None.

HOUSTON, Dec. 03, 2020 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE:NX) (“Quanex” or the “Company”) today announced that its Board of Directors declared a quarterly cash dividend of $0.08 per share on the Company’s common stock, payable December 30, 2020, to shareholders of record on December 16, 2020.

About Quanex

Quanex Building Products Corporation is an industry-leading manufacturer of components sold to Original Equipment Manufacturers (OEMs) in the building products industry.  Quanex designs and produces energy-efficient fenestration products in addition to kitchen and bath cabinet components.

Contact:

Scott Zuehlke
SVP, Chief Financial Officer & Treasurer
713-877-5327
scott.zuehlke@quanex.com

FAQ

What is the dividend amount for NX?

The dividend amount for NX is $0.08 per share.

When is the NX dividend payable?

The NX dividend is payable on December 30, 2020.

What is the record date for the NX dividend?

The record date for the NX dividend is December 16, 2020.

Is the dividend for Quanex Building Products sustainable?

The sustainability of the dividend is not detailed in the press release.