Quanex Building Products Declares Quarterly Dividend
Quanex Building Products (NYSE:NX) has declared a quarterly cash dividend of $0.08 per share on its common stock.
The dividend will be paid on June 28, 2024, to shareholders who are recorded as of June 14, 2024.
- Declaration of a quarterly dividend signals financial stability.
- Dividend of $0.08 per share provides direct financial return to investors.
- Scheduled dividend payment date is June 28, 2024.
- Dividend amount of $0.08 per share may be considered modest by some investors.
- No indication of growth in dividend amount compared to previous quarters.
HOUSTON, May 23, 2024 (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
About Quanex
Quanex is a global manufacturer with core capabilities and broad applications across various end markets. The Company currently collaborates and partners with leading OEMs to provide innovative solutions in the window, door, vinyl fencing, solar, refrigeration and cabinetry markets. Looking ahead, Quanex plans to leverage its material science expertise and process engineering to expand into adjacent markets.
Contact:
Scott Zuehlke
SVP, Chief Financial Officer & Treasurer
713-877-5327
scott.zuehlke@quanex.com
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