Valhi, Inc. Announces Quarterly Dividend of $0.08 (NYSE:VHI)

Valhi, Inc. (NYSE:VHI - Get Free Report) announced a quarterly dividend on Thursday, March 6th, RTT News reports. Shareholders of record on Monday, March 17th will be paid a dividend of 0.08 per share by the basic materials company on Friday, March 28th. This represents a $0.32 annualized dividend and a yield of 1.84%. The ex-dividend date is Monday, March 17th.

Valhi has a dividend payout ratio of 8.8% indicating that its dividend is sufficiently covered by earnings.

Valhi Price Performance

VHI traded up $0.51 on Monday, reaching $17.40. The company had a trading volume of 10,442 shares, compared to its average volume of 19,911. Valhi has a one year low of $14.05 and a one year high of $41.75. The company has a market capitalization of $492.19 million, a P/E ratio of 5.58 and a beta of 1.19. The company has a fifty day moving average of $20.65 and a 200-day moving average of $26.40. The company has a current ratio of 2.79, a quick ratio of 1.65 and a debt-to-equity ratio of 0.39.

Valhi (NYSE:VHI - Get Free Report) last issued its quarterly earnings results on Thursday, March 6th. The basic materials company reported $0.80 earnings per share for the quarter, beating analysts' consensus estimates of $0.60 by $0.20. Valhi had a net margin of 4.29% and a return on equity of 6.90%. The company had revenue of $480.90 million during the quarter.

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Wall Street Analyst Weigh In

Separately, StockNews.com lowered Valhi from a "strong-buy" rating to a "buy" rating in a research report on Monday, November 11th.

Valhi Company Profile

Valhi, Inc engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, and internationally. 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.