COMPX ANNOUNCES A SPECIAL DIVIDEND OF $2.00 PER SHARE PAYABLE IN AUGUST 2024, AND DECLARES REGULAR QUARTERLY DIVIDEND
CompXCompX(US:CIX) GlobeNewswire News Room·2024-08-06 20:18

Group 1 - CompX International Inc. declared a special cash dividend of $2.00 per share and a regular quarterly dividend of $0.30 per share on its class A common stock [1] - The special cash dividend is payable on August 28, 2024, to stockholders of record as of August 19, 2024, while the regular quarterly dividend is payable on September 17, 2024, to stockholders of record as of September 6, 2024 [1] Group 2 - CompX is focused on balancing investment in business growth with stockholder distributions, emphasizing consistent healthy cash flow and a strong balance sheet [2] - The company's disciplined approach to capital investment has enabled it to return additional cash to stockholders in 2024 while maintaining financial strength for long-term investments [2] Group 3 - CompX is recognized as a leading manufacturer of security products and recreational marine components [3]

CompX-COMPX ANNOUNCES A SPECIAL DIVIDEND OF $2.00 PER SHARE PAYABLE IN AUGUST 2024, AND DECLARES REGULAR QUARTERLY DIVIDEND - Reportify