NL Industries announces a $0.43 quarterly dividend per share, representing a 27.97% yield.

NL Industries (NYSE:NL), basic materials company, announced a $0.43 quarterly dividend per share on Aug 7th, to be paid on Sep 24th to shareholders of record on Sep 6th. This $1.72 annualized dividend represents a 27.97% yield, with a 37.6% payout ratio and a 20.5% annual growth over the last 3 years. The company has a $300.32m market cap, P/E 25.92, and beta 0.55, operating in component products for various locking mechanisms and electronic locks applications.

August 08, 2024
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