- NL Industries' dividend yield currently stands at 3.70%.
- The dividend is being paid by using almost half of the dividends received from a minority interest in Kronos Worldwide.
- The company is raising cash to face ongoing and future claims due to the manufacturing of lead-based paints and lead-based pigments in the past.
- The dividend still has ample room to grow as the company is sitting on a cash pile.
- Averaging down and an exit plan is needed due to the company's cyclical nature.
For further details see:
NL Industries: Reap Dividend While Turnaround Takes Shape