Quanex Building Products (NX) Dividends & Splits

Quanex Building Products Corp (NX) is a company that specializes in manufacturing and distributing components for the building products industry. The company has a history of providing consistent dividends to its shareholders. As of the most recent dividend payment, Quanex Building Products Corp has a dividend yield of 2.5%. This means that for every share of stock owned, shareholders can expect to receive a cash dividend equal to 2.5% of the stock's current market price. The dividend is paid out quarterly, with the next payment scheduled for June 30th, 2021.

In terms of the company's dividend policy, Quanex Building Products Corp aims to maintain a payout ratio of approximately 30%. The payout ratio is a measure of the company's dividend payments relative to its earnings. This indicates that Quanex Building Products Corp is committed to distributing a significant portion of its earnings to shareholders in the form of dividends. The company has a consistent track record of increasing its dividend amount per share over the years, with a compound annual growth rate of 5%.