Valhi, Inc. (VHI) To Go Ex-Dividend on June 4th

Valhi, Inc. (NYSE:VHI) declared a quarterly dividend on Thursday, May 21st. Investors of record on Thursday, June 4th will be paid a dividend of 0.08 per share by the basic materials company on Thursday, June 25th. This represents a c) dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, June 4th.

Valhi has decreased its dividend payment by an average of 0.1%per year over the last three years. Valhi has a payout ratio of 8.8% indicating that its dividend is sufficiently covered by earnings.

Valhi Stock Up 1.3%

Shares of Valhi stock opened at $14.57 on Tuesday. Valhi has a 52-week low of $11.44 and a 52-week high of $20.00. The company has a 50 day moving average of $14.02 and a 200 day moving average of $13.65. The company has a quick ratio of 1.74, a current ratio of 3.25 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $412.39 million, a P/E ratio of -5.74 and a beta of 0.99.

Valhi (NYSE:VHI) last issued its quarterly earnings results on Thursday, May 7th. The basic materials company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.70). Valhi had a negative return on equity of 4.29% and a negative net margin of 3.45%.The firm had revenue of $560.10 million during the quarter, compared to analysts’ expectations of $564.20 million.

Analyst Ratings Changes

A number of brokerages recently issued reports on VHI. Weiss Ratings reiterated a “sell (d)” rating on shares of Valhi in a research note on Friday, April 10th. Wall Street Zen upgraded shares of Valhi from a “sell” rating to a “hold” rating in a research note on Saturday, March 14th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Valhi currently has a consensus rating of “Sell”.

Valhi Company Profile

Valhi, Inc is a diversified holding company incorporated in Delaware in 1987 and headquartered in Dallas, Texas. Through its three wholly owned subsidiaries—Kronos Worldwide, CompX International and NL Industries—Valhi participates in the manufacture and distribution of chemical and security products for industrial, commercial and consumer markets.

Kronos Worldwide is a leading independent producer of titanium dioxide pigment, a white powder that enhances brightness and opacity in paints, coatings, plastics, paper and other applications.