CompX International Inc. (NYSE:CIX) to Issue Quarterly Dividend of $0.30

CompX International Inc. (NYSE:CIX) announced a quarterly dividend on Wednesday, November 6th,Wall Street Journal reports. Shareholders of record on Friday, November 29th will be given a dividend of 0.30 per share on Tuesday, December 10th. This represents a $1.20 annualized dividend and a yield of 4.14%. The ex-dividend date is Friday, November 29th.

CompX International has raised its dividend payment by an average of 35.7% annually over the last three years.

CompX International Price Performance

Shares of CIX stock traded down $4.39 during trading hours on Thursday, reaching $29.01. 30,327 shares of the company were exchanged, compared to its average volume of 13,264. CompX International has a fifty-two week low of $18.76 and a fifty-two week high of $39.91. The stock’s fifty day moving average is $29.17 and its two-hundred day moving average is $26.96. The company has a market cap of $357.40 million, a price-to-earnings ratio of 16.90 and a beta of 0.76.

CompX International (NYSE:CIX) last announced its quarterly earnings data on Tuesday, August 6th. The company reported $0.39 EPS for the quarter. The firm had revenue of $35.90 million for the quarter. CompX International had a return on equity of 12.54% and a net margin of 13.40%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded CompX International from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 8th.

About CompX International

CompX International Inc manufactures and sells security products and recreational marine components primarily in North America. It operates in two segments, Security Products and Marine Components. The Security Products segment manufactures mechanical and electrical cabinet locks, and other locking mechanisms used in various applications, including ignition systems, mailboxes, file cabinets, desk drawers, tool storage cabinets, high security medical cabinetry, integrated inventory and access control secured narcotics boxes, electrical circuit panels, storage compartments, gas station security, and vending and cash containment machines.