NL Industries (NL) to Release Earnings on Tuesday

NL Industries (NYSE:NL) is projected to release its earnings data before the market opens on Tuesday, March 4th. Analysts expect NL Industries to post earnings of $0.21 per share for the quarter.

NL Industries Stock Down 0.5 %

NL Industries stock opened at $6.84 on Friday. NL Industries has a 52-week low of $5.00 and a 52-week high of $9.42. The firm has a fifty day moving average of $7.52 and a 200-day moving average of $7.50. The firm has a market capitalization of $333.88 million, a P/E ratio of 5.70 and a beta of 0.52.

NL Industries Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Tuesday, March 11th will be given a $0.09 dividend. The ex-dividend date of this dividend is Tuesday, March 11th. This represents a $0.36 annualized dividend and a dividend yield of 5.27%. This is a positive change from NL Industries’s previous quarterly dividend of $0.08. NL Industries’s dividend payout ratio is presently 26.67%.

NL Industries Company Profile

NL Industries, Inc, through its subsidiary, CompX International Inc, operates in the component products industry in Europe, North America, the Asia Pacific, and internationally. The company manufactures and sells mechanical and electronic cabinet locks and other locking mechanisms, including disc tumbler locks; pin tumbler locking mechanisms under KeSet, System 64, TuBar, and Turbine brands; and electronic locks under CompX eLock and StealthLock brands for use in various applications, such as mailboxes, ignition systems, file cabinets, desk drawers, tool storage cabinets, high security medical cabinetry, integrated inventory and access control secured narcotics boxes, electronic circuit panels, storage compartments, gas station security, vending and cash containment machines.