Valhi, Inc. (VHI) Announces Quarterly Dividend of $0.02
Valhi, Inc. (NYSE:VHI) announced a quarterly dividend on Thursday, August 10th, Wall Street Journal reports. Shareholders of record on Tuesday, September 5th will be given a dividend of 0.02 per share by the basic materials company on Thursday, September 28th. This represents a $0.08 dividend on an annualized basis and a yield of 3.16%. The ex-dividend date of this dividend is Thursday, August 31st.
Valhi has decreased its dividend by an average of 26.3% per year over the last three years.
Valhi (VHI) traded down 2.69% during mid-day trading on Thursday, reaching $2.53. 63,783 shares of the company’s stock were exchanged. Valhi has a one year low of $1.77 and a one year high of $4.10. The stock has a market cap of $858.07 million, a price-to-earnings ratio of 28.11 and a beta of 2.59. The stock has a 50-day moving average of $3.11 and a 200-day moving average of $3.27.
Several brokerages have weighed in on VHI. BidaskClub downgraded Valhi from a “sell” rating to a “strong sell” rating in a research report on Wednesday. TheStreet upgraded Valhi from a “d+” rating to a “c” rating in a research report on Thursday, May 11th.
Valhi Company Profile
Valhi, Inc is a holding company. The Company operates through four segments: Chemicals, Component Products, Waste Management, and Real Estate Management and Development. The Company operates through its subsidiaries, including NL Industries, Inc, Kronos Worldwide, Inc (Kronos), CompX International Inc (CompX) and Waste Control Specialists LLC (WCS).
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