NL Industries (NL) Expected to Announce Quarterly Earnings on Tuesday

NL Industries (NYSE:NL - Get Free Report) 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 Price Performance

NL traded down $0.04 during midday trading on Friday, hitting $6.84. 25,416 shares of the company's stock traded hands, compared to its average volume of 28,452. The company has a market cap of $333.88 million, a PE ratio of 5.70 and a beta of 0.52. NL Industries has a one year low of $5.00 and a one year high of $9.42. The stock's fifty day simple moving average is $7.54 and its 200-day simple moving average is $7.48.

NL Industries Increases Dividend

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

About NL Industries

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.