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. This dividend will be payable on September 30, 2021, to shareholders on record as of September 16, 2021. As a leading manufacturer in the building products sector, Quanex specializes in designing and producing energy-efficient fenestration products and kitchen and bath cabinet components.

Positive

• Declaring a quarterly cash dividend of $0.08 per share indicates strong financial health and commitment to returning value to shareholders.
• The scheduled payment date of September 30, 2021, provides shareholders with a clear timeline for receiving dividends.

Negative

• None.

HOUSTON, TEXAS, Aug. 27, 2021 (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 September 30, 2021, to shareholders of record on September 16, 2021. 

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.

FAQ

What is the dividend amount for NX?

The dividend amount for NX is $0.08 per share.

When will the NX dividend be paid?

The NX dividend will be paid on September 30, 2021.

When is the record date for the NX dividend?

The record date for the NX dividend is September 16, 2021.

How often does NX pay dividends?

NX typically pays dividends quarterly.

Is the dividend from NX sustainable?

The sustainability of the NX dividend will depend on the company's ongoing financial performance and profitability.