Valhi, Inc. (VHI) To Go Ex-Dividend on June 4th

Valhi, Inc. (NYSE:VHI) declared a quarterly dividend on Thursday, May 21st. Shareholders of record on Thursday, June 4th will be paid a dividend of 0.08 per share by the basic materials company on Thursday, June 25th. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Thursday, June 4th.

Valhi has decreased its dividend by an average of 0.1%per year over the last three years. Valhi has a payout ratio of 8.8% meaning its dividend is sufficiently covered by earnings.

Valhi Stock Down 1.3%

Shares of Valhi stock opened at $12.49 on Friday. The company has a market cap of $353.58 million, a P/E ratio of -4.92 and a beta of 0.99. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.74 and a current ratio of 3.25. Valhi has a one year low of $11.44 and a one year high of $20.00. The firm has a fifty day moving average of $14.00 and a two-hundred day moving average of $13.64.

Valhi (NYSE:VHI) last announced its quarterly earnings results on Thursday, May 7th. The basic materials company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.70). The company had revenue of $560.10 million during the quarter, compared to analysts’ expectations of $564.20 million. Valhi had a negative net margin of 3.45% and a negative return on equity of 4.29%.

Valhi Company Profile

Valhi, Inc is a diversified holding company incorporated in Delaware in 1987 and headquartered in Dallas, Texas. Through its three wholly owned subsidiaries—Kronos Worldwide, CompX International and NL Industries—Valhi participates in the manufacture and distribution of chemical and security products for industrial, commercial and consumer markets.

Kronos Worldwide is a leading independent producer of titanium dioxide pigment, a white powder that enhances brightness and opacity in paints, coatings, plastics, paper and other applications.