CompX International Inc. (CIX) To Go Ex-Dividend on November 29th

CompX International Inc. (NYSE:CIX) declared a quarterly dividend on Wednesday, November 6th,Wall Street Journal reports. Stockholders of record on Friday, November 29th will be paid a dividend of 0.30 per share on Tuesday, December 10th. This represents a $1.20 annualized dividend and a dividend yield of 4.51%. The ex-dividend date of this dividend is Friday, November 29th.

CompX International has increased its dividend payment by an average of 35.7% annually over the last three years.

CompX International Price Performance

Shares of NYSE:CIX opened at $26.61 on Wednesday. CompX International has a 1-year low of $20.48 and a 1-year high of $39.91. The business has a fifty day moving average price of $29.32 and a 200-day moving average price of $26.66. The company has a market capitalization of $327.84 million, a PE ratio of 18.12 and a beta of 0.76.

Insiders Place Their Bets

In related news, Director Mary A. Tidlund sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $28.58, for a total value of $57,160.00. Following the transaction, the director now directly owns 6,650 shares of the company’s stock, valued at approximately $190,057. The trade was a 23.12 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.38% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com downgraded CompX International from a “strong-buy” rating to a “buy” rating in a report on Friday, November 8th.

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.