StockNews.com upgraded shares of CompX International (NYSE:CIX – Free Report) from a buy rating to a strong-buy rating in a research report report published on Thursday morning.
CompX International Stock Down 3.3 %
NYSE:CIX opened at $25.90 on Thursday. The firm has a market capitalization of $318.93 million, a P/E ratio of 15.70 and a beta of 0.76. The company has a fifty day moving average of $23.78 and a 200 day moving average of $26.80. CompX International has a 52 week low of $17.39 and a 52 week high of $39.91.
CompX International Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 17th. Stockholders of record on Friday, September 6th will be paid a dividend of $2.00 per share. This represents a $8.00 annualized dividend and a dividend yield of 30.89%. The ex-dividend date of this dividend is Friday, September 6th. CompX International’s dividend payout ratio (DPR) is 72.73%.
Institutional Trading of CompX International
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.
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