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

CompX International Inc. (NYSE:CIX) announced 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 dividend on an annualized basis and a yield of 5.49%.

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

CompX International Stock Down 1.1 %

Shares of CompX International stock opened at $21.86 on Thursday. The company has a market capitalization of $269.29 million, a price-to-earnings ratio of 14.38 and a beta of 0.76. CompX International has a 12-month low of $20.60 and a 12-month high of $39.91. The firm’s 50-day moving average price is $25.04 and its two-hundred day moving average price is $27.55.

Analyst Upgrades and Downgrades

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