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

CompX International Inc. (NYSE:CIX) declared a quarterly dividend on Wednesday, March 5th, RTT News reports. Shareholders of record on Monday, March 17th will be paid a dividend of 0.30 per share on Tuesday, March 25th. This represents a $1.20 annualized dividend and a yield of 5.36%. The ex-dividend date of this dividend is Monday, March 17th.

CompX International has increased its dividend payment by an average of 14.5% per year over the last three years.

CompX International Price Performance

Shares of NYSE:CIX opened at $22.37 on Friday. The firm has a fifty day moving average price of $24.44 and a two-hundred day moving average price of $27.30. CompX International has a one year low of $20.60 and a one year high of $39.91. The company has a market cap of $275.58 million, a price-to-earnings ratio of 14.72 and a beta of 0.71.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of CompX International from a “strong-buy” rating to a “buy” rating in a report on Thursday, December 5th.

CompX International Company Profile

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.