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

CompX International Inc. (NYSE:CIX) declared a quarterly dividend on Wednesday, November 4th. Shareholders of record on Thursday, November 19th will be given a dividend of $0.30 per share on Tuesday, December 8th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend is Thursday, November 19th.

CompX International has increased its dividend by an average of 0.3% annually over the last three years and has raised its dividend annually for the last 1 consecutive years.

CompX International Stock Performance

Shares of CIX stock opened at $37.09 on Thursday. CompX International has a fifty-two week low of $20.29 and a fifty-two week high of $40.30. The stock’s 50-day simple moving average is $36.51 and its 200-day simple moving average is $27.94. The firm has a market capitalization of $457.06 million, a PE ratio of 24.40 and a beta of 0.84.

Insider Activity

In other news, Director Ann Manix sold 1,500 shares of the business’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $29.60, for a total value of $44,400.00. Following the completion of the transaction, the director owned 8,775 shares of the company’s stock, valued at $259,740. The trade was a 14.60% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.43% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A hedge fund recently raised its position in CompX International stock. IFP Advisors Inc boosted its holdings in shares of CompX International Inc. (NYSE:CIX) by 95,000.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 951 shares of the company’s stock after purchasing an additional 950 shares during the quarter. IFP Advisors Inc’s holdings in CompX International were worth $36,000 at the end of the most recent reporting period. 7.50% of the stock is owned by institutional investors and hedge funds.

About CompX International

CompX International Inc is a diversified manufacturer of security products and marine components. The company serves original equipment manufacturers, distributors and other industrial customers through operations focused primarily on the North American market, with products also sold internationally.

CompX’s Security Products segment manufactures mechanical and electronic locks, cabinet locks, ignition switches and related access-control products. These products are used in applications including office furniture, recreational vehicles, vending equipment, postal equipment, transportation and industrial systems.