Valhi, Inc. Rewards Shareholders with New Dividend Announcement
Valhi, Inc. Announces Exciting Quarterly Dividend
Dallas, Texas - Valhi, Inc. (NYSE: VHI) has made a significant announcement that is sure to please its shareholders. The board of directors has declared a quarterly dividend of eight cents ($0.08) per share on its common stock. This dividend is set to be distributed on December 19, 2024, to all stockholders of record who hold shares until the close of business on November 29, 2024.
Valhi's Commitment to Shareholders
This dividend declaration reflects Valhi, Inc.'s enduring commitment to providing value to its investors. By consistently offering dividends, the company underscores its ability to generate steady revenue streams and maintains a strong financial position. For individuals interested in securing income through their investments, regular dividends provide a reliable source of returns.
Overview of Valhi, Inc.'s Operations
Valhi, Inc. operates across several industries, primarily focusing on chemicals, specifically titanium dioxide (TiO2), along with component products including security and recreational marine components. The company also engages in real estate management and development, showcasing a diverse business portfolio.
Independent Growth Across Sectors
The chemical segment produces TiO2, an essential substance used in various applications, ranging from paints and coatings to plastics and papers. Such versatility allows Valhi to maintain a competitive edge in the market. As industrial demands evolve, Valhi's proactive strategies equip it to adapt and thrive.
Valhi's Innovative Products and Solutions
In the realm of component products, Valhi delivers security solutions that enhance safety for consumers and businesses alike. Additionally, recreational marine components reflect another innovative aspect of their offerings, catering to the growing leisure and tourism industry. The company's commitment to quality and innovation positions it favorably within these markets.
Valhi's Vision for the Future
As Valhi, Inc. continues to navigate its diverse operations, its focus remains on sustainable growth and shareholder returns. The decision to declare a quarterly dividend is part of a larger strategy to enhance shareholder wealth and demonstrate financial stability, an essential trait for any successful corporation.
Frequently Asked Questions
What is the amount of the declared dividend by Valhi, Inc.?
The board of directors has declared a quarterly dividend of eight cents ($0.08) per share.
When will the dividend be paid to shareholders?
The dividend will be payable on December 19, 2024.
Who qualifies for the dividend payment?
Stockholders of record as of November 29, 2024, will qualify for the dividend payment.
What industries does Valhi, Inc. operate in?
Valhi operates in the chemicals, component products, and real estate management and development industries.
How can I contact Valhi for investor relations?
You can contact Bryan A. Hanley, Senior Vice President and Treasurer, at 972-233-1700 for any investor relations inquiries.
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