COMPX ANNOUNCES A SPECIAL DIVIDEND OF $2.00 PER SHARE PAYABLE IN AUGUST 2024, AND DECLARES REGULAR QUARTERLY DIVIDEND
August 06 2024 - 4:18PM
CompX International Inc. (NYSE American: CIX) announced today that
its board of directors has declared a special cash dividend of two
dollars ($2.00) per share and a regular quarterly dividend of
thirty cents ($0.30) per share, in each case on its class A common
stock. The special cash dividend is payable on August 28, 2024 to
stockholders of record at the close of business on August 19, 2024.
The regular quarterly dividend of $0.30 per share is payable on
September 17, 2024 to stockholders of record at the close of
business on September 6, 2024.
CompX is committed to balancing investment in
the growth of its business with stockholder distributions. CompX’s
strategy focused on generating consistent healthy cash flow through
all cycles along with its strong balance sheet and disciplined
approach to capital investment has provided this opportunity to
return additional cash to our stockholders in 2024 while
maintaining financial strength and flexibility to continue to
invest in our business over the long term.
CompX is a leading manufacturer of security
products and recreational marine components.
* * * *
Investor Relations Contact
Bryan A. HanleySenior Vice President and
TreasurerTel. 972-233-1700
CompX (AMEX:CIX)
Historical Stock Chart
From Aug 2024 to Sep 2024
CompX (AMEX:CIX)
Historical Stock Chart
From Sep 2023 to Sep 2024