Valhi, Inc. Declares Quarterly Cash Dividend Payable on June 22, 2017; Announces Election of Directors
May 26, 2017 at 01:53 am IST
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Valhi, Inc. announced that its board of directors has declared a regular quarterly dividend of two cents ($0.02) per share on its common stock, payable on June 22, 2017 to stockholders of record at the close of business on June 6, 2017.
The company also announced that at its annual stockholder meeting held on May 25, 2017 its stockholders: elected each of Thomas E. Barry, Loretta J. Feehan, Elisabeth C. Fisher, Robert D. Graham, W. Hayden McIlroy and Mary A. Tidlund as a director for a one year term.
Valhi, Inc. is primarily a holding company, which operates through its subsidiaries, NL Industries, Inc., Kronos Worldwide, Inc., CompX International Inc., BasicManagement, Inc. and The LandWell Company. Its segments include Chemicals, Component Products, and Real Estate Management and Development. Chemicals segment produces and markets value-added titanium dioxide pigments. Component Products segment manufactures security products used in the postal, recreational transportation, office and institutional furniture, cabinetry, tool storage, healthcare and a variety of other industries. The segment also a manufacture wake enhancement system, stainless steel exhaust systems, gauges, throttle controls, trim tabs and related hardware and accessories for the recreational marine industry. Real Estate Management and Development segment owns real property in Henderson, Nevada. The segment develops certain land holdings for commercial, industrial and residential purposes in Henderson, Nevada.