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

CompX International Inc. (NYSE:CIX) declared a quarterly dividend on Wednesday, May 21st, RTT News reports. Investors of record on Monday, June 9th will be given a dividend of 0.30 per share on Tuesday, June 17th. This represents a $1.20 dividend on an annualized basis and a yield of 4.99%. The ex-dividend date is Monday, June 9th.

CompX International has raised its dividend by an average of 14.5% annually over the last three years and has increased its dividend every year for the last 1 years.

CompX International Stock Performance

CIX opened at $24.05 on Friday. The stock has a market capitalization of $296.27 million, a PE ratio of 15.82 and a beta of 1.04. CompX International has a one year low of $17.89 and a one year high of $36.10. The business’s 50 day moving average price is $24.65 and its 200 day moving average price is $25.16.

Analysts Set New Price Targets

Separately, Wall Street Zen raised CompX International from a “hold” rating to a “buy” rating in a research report on Monday, May 5th.

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.