CompX Q4 net income $3.2M ($0.25/sh), up from $0.17; raises dividend 25% to $0.25/qtr

COMPX INTERNATIONAL INC

Q4 2021 sales $34.1M (up 13.7% YoY); operating income $3.8M vs $2.3M in Q4 2020.
Full-year 2021 sales $140.8M; net income $16.6M ($1.34/sh) vs $10.3M ($0.83/sh) in 2020.
Quarterly dividend increased 25% to $0.25/share; payable Mar 22 to holders of record Mar 14.
Higher Security Products sales to government and transportation markets drove growth.
Higher raw material, shipping & labor costs offset by increased sales volumes.

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