Press Releases May 14, 2026 04:15 PM

NL INDUSTRIES, INC. ANNOUNCES QUARTERLY DIVIDEND AND RESULTS OF ANNUAL SHAREHOLDER MEETING

NL Industries declares quarterly dividend and announces shareholder meeting outcomes including board elections and reincorporation plans.

By Hana Yamamoto NL

NL Industries, Inc. announced a quarterly dividend of $0.10 per share payable on June 23, 2026. At its 2026 annual shareholder meeting, shareholders elected directors for a one-year term, approved executive compensation on a nonbinding advisory basis, and approved a reincorporation merger from New Jersey to Delaware, expected to be effective around May 26, 2026. NL Industries operates in component products and chemicals sectors.

NL INDUSTRIES, INC. ANNOUNCES QUARTERLY DIVIDEND AND RESULTS OF ANNUAL SHAREHOLDER MEETING
NL

Key Points

  • Declared a quarterly dividend of $0.10 per share payable June 23, 2026.
  • Elected eight directors to serve one-year terms at the annual shareholder meeting.
  • Approved a merger to reincorporate the company from New Jersey to Delaware, effective around May 26, 2026.

Dallas, Texas, May 14, 2026 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE:  NL) announced that its board of directors has declared a quarterly dividend of ten cents ($0.10) per share on its common stock, payable on June 23, 2026 to shareholders of record at the close of business on June 4, 2026.

NL Industries also announced that at its 2026 annual shareholder meeting held today its shareholders had:

  • elected each of Loretta J. Feehan, John E. Harper, Kevin B. Kramer, Meredith W. Mendes, Cecil H. Moore, Jr., Courtney J. Riley, Michael S. Simmons and R. Gerald Turner as a director for a one-year term;
  • adopted a resolution that approved, on a nonbinding advisory basis, the compensation of its named executive officers as disclosed in the proxy statement for the 2026 annual shareholder meeting; and
  • approved the reincorporation of NL Industries from New Jersey to Delaware, by means of its merger with its newly formed, wholly owned Delaware subsidiary, NLI Holdings, Inc., which will be the surviving corporation and be named NLI Holdings, Inc. after the merger.

NL Industries currently expects the reincorporation merger and resulting name change to be effective on or about May 26, 2026. 

NL Industries, Inc. is engaged in the component products (security products and recreational marine components) and chemicals (TiO2) businesses.

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Investor Relations Contact

Bryan A. Hanley
Senior Vice President and Treasurer
Tel. 972-233-1700


Risks

  • The approval of the reincorporation merger is subject to regulatory and procedural fulfillment, which may face delays or complications.
  • Nonbinding advisory approval of executive compensation could lead to future shareholder dissatisfaction or governance issues.
  • The company operates in chemicals and component products sectors, which are susceptible to market volatility, regulatory changes, and raw material cost fluctuations.

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