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

CompX International Inc. (NYSE:CIX) declared a quarterly dividend on Wednesday, March 5th, RTT News reports. Stockholders 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 annualized dividend and a dividend yield of 5.49%.

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

CompX International Trading Down 1.1 %

CompX International stock traded down $0.25 during midday trading on Wednesday, reaching $21.86. The stock had a trading volume of 4,482 shares, compared to its average volume of 7,469. The company has a fifty day moving average price of $25.15 and a two-hundred day moving average price of $27.59. The company has a market capitalization of $269.29 million, a P/E 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.

Analysts Set New Price Targets

Separately, StockNews.com cut CompX International from a “strong-buy” rating to a “buy” rating in a report on Thursday, December 5th.

CompX International Company Profile

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.