NL Industries is a holding company. Co. operates in the component products industry through its subsidiary, CompX International Inc. (CompX). Co. operates in the chemicals industry through its noncontrolling interest in Kronos Worldwide, Inc. (Kronos). Through CompX, Co. manufactures mechanical and electrical cabinet locks and other locking mechanisms used in a variety of applications including ignition systems, mailboxes, file cabinets, desk drawers, tool storage cabinets, electronic circuit panels, storage compartments, and gas station security. Kronos is a producer and marketer of titanium dioxide pigments, a base industrial product used in a range of applications. The NL YTD return is shown above.
The YTD Return on the NL YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether NL YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the NL YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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