VALHI ANNOUNCES QUARTERLY CASH DIVIDEND AND RESULTS OF ANNUAL STOCKHOLDER MEETING

Rhea-AI Summary

Valhi, Inc. (NYSE: VHI) has declared a quarterly dividend of $0.08 per share, payable on June 23, 2022, for stockholders of record as of June 6, 2022. During its annual meeting on May 26, 2022, stockholders elected directors and approved executive compensation. The board was expanded from six to eight members, with Kevin B. Kramer and Michael S. Simmons newly appointed. Valhi operates in the chemicals and real estate sectors, focusing on TiO₂, security products, and marine components.

Positive

• Declaration of a quarterly dividend of $0.08 per share, enhancing shareholder value.
• Successful election of directors indicating stable governance.
• Expansion of the board suggests strategic growth and improved oversight.

Negative

• None.

Dallas, Texas, May 26, 2022 (GLOBE NEWSWIRE) -- Valhi, Inc. (NYSE:  VHI) announced today that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on June 23, 2022 to stockholders of record at the close of business on June 6, 2022.

Valhi also announced that at its annual stockholder meeting held on May 26, 2022, its stockholders:

• elected each of Thomas E. Barry, Loretta J. Feehan, Robert D. Graham, Terri L. Herrington, W. Hayden McIlroy 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 2022 annual stockholder meeting.

Following the annual meeting of stockholders, today the Valhi board of directors increased the size of the board from six to eight and elected Kevin B. Kramer and Michael S. Simmons to fill the newly created vacancies.  The board of directors also appointed Mr. Kramer to serve on its audit committee. 

Valhi, Inc. is engaged in the chemicals (TiO₂), component products (security products and recreational marine components) and real estate management and development industries.

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FAQ

What is the dividend amount for Valhi, Inc. (VHI) in 2022?

Valhi, Inc. has declared a quarterly dividend of $0.08 per share.

When is the dividend payment date for VHI?

The dividend is payable on June 23, 2022.

Who were elected as directors during the annual stockholder meeting for VHI?

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

What changes occurred in the board of directors for Valhi, Inc.?

The board size was increased from six to eight members, with two new directors appointed.