Valhi, Inc. (NYSE:VHI) announced a quarterly dividend on Monday, November 5th, Wall Street Journal reports. Shareholders of record on Tuesday, December 4th will be paid a dividend of 0.02 per share by the basic materials company on Thursday, December 20th. This represents a $0.08 annualized dividend and a yield of 3.35%. The ex-dividend date of this dividend is Monday, December 3rd.
Valhi has decreased its dividend payment by an average of 10.1% annually over the last three years.
VHI traded up $0.03 during trading on Monday, hitting $2.39. The stock had a trading volume of 198,956 shares, compared to its average volume of 208,358. The company has a market cap of $800.48 million, a price-to-earnings ratio of 3.06 and a beta of 2.54. Valhi has a twelve month low of $1.95 and a twelve month high of $9.24. The company has a quick ratio of 2.64, a current ratio of 3.76 and a debt-to-equity ratio of 5.23.
Valhi (NYSE:VHI) last announced its earnings results on Wednesday, August 8th. The basic materials company reported $0.35 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.26 by $0.09. The company had revenue of $510.20 million during the quarter. Valhi had a net margin of 14.44% and a return on equity of 235.99%.
A number of research analysts have issued reports on the stock. ValuEngine cut shares of Valhi from a “buy” rating to a “hold” rating in a report on Monday, July 16th. TheStreet cut shares of Valhi from a “b-” rating to a “c” rating in a report on Friday, August 24th.
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Valhi Company Profile
Valhi, Inc engages in the chemicals, component products, and real estate management and development businesses worldwide. The company's Chemicals segment produces and markets titanium dioxide pigments (TiO2), which are white inorganic pigments used in various applications by paint, plastics, decorative laminate, and paper manufacturers.
Further Reading: Outstanding Shares
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