Kronos Worldwide Inc (KRO) to Issue Quarterly Dividend of $0.05 on September 17th

Kronos Worldwide Inc (NYSE:KRO) announced a quarterly dividend on Wednesday, August 5th. Investors of record on Thursday, September 3rd will be paid a dividend of 0.05 per share by the specialty chemicals company on Thursday, September 17th. This represents a c) annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Thursday, September 3rd.

Kronos Worldwide has decreased its dividend payment by an average of 0.2%annually over the last three years. Kronos Worldwide has a payout ratio of 17.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Kronos Worldwide to earn $0.17 per share next year, which means the company may not be able to cover its $0.20 annual dividend with an expected future payout ratio of 117.6%.

Kronos Worldwide Stock Performance

NYSE KRO opened at $8.21 on Friday. The company has a market capitalization of $944.79 million, a price-to-earnings ratio of -8.64 and a beta of 1.01. Kronos Worldwide has a twelve month low of $4.08 and a twelve month high of $8.72. The stock has a fifty day simple moving average of $6.54 and a 200 day simple moving average of $6.36. The company has a quick ratio of 1.41, a current ratio of 3.18 and a debt-to-equity ratio of 0.81.

Kronos Worldwide (NYSE:KRO) last announced its earnings results on Wednesday, August 5th. The specialty chemicals company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.06. The business had revenue of $558.10 million during the quarter, compared to analyst estimates of $484.51 million. Kronos Worldwide had a negative return on equity of 12.22% and a negative net margin of 5.63%. Sell-side analysts expect that Kronos Worldwide will post -0.33 EPS for the current year.

Institutional Investors Weigh In On Kronos Worldwide

A number of institutional investors and hedge funds have recently bought and sold shares of KRO. Bank of New York Mellon Corp bought a new stake in Kronos Worldwide during the 2nd quarter valued at $5,030,000. Boston Partners lifted its position in shares of Kronos Worldwide by 16.9% during the third quarter. Boston Partners now owns 2,948,114 shares of the specialty chemicals company’s stock worth $16,921,000 after acquiring an additional 426,662 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of Kronos Worldwide by 55.8% in the third quarter. Bank of America Corp DE now owns 472,305 shares of the specialty chemicals company’s stock worth $2,711,000 after acquiring an additional 169,246 shares during the period. Monaco Asset Management SAM bought a new position in shares of Kronos Worldwide in the second quarter worth $964,000. Finally, AQR Capital Management LLC grew its position in shares of Kronos Worldwide by 478.7% in the first quarter. AQR Capital Management LLC now owns 125,969 shares of the specialty chemicals company’s stock valued at $942,000 after purchasing an additional 104,202 shares in the last quarter. 15.11% of the stock is owned by hedge funds and other institutional investors.

Kronos Worldwide Company Profile

Kronos Worldwide, Inc is a leading global producer of titanium dioxide (TiO₂) pigments, a white pigment widely used in paints, coatings, plastics, paper, and many other industrial and consumer applications. Headquartered in Dallas, Texas, the company markets its products under the “Kronos” brand and has built a reputation for high-quality pigment performance, technical support, and reliable supply. Kronos serves a diverse customer base across coatings manufacturers, plastic compounders, and paper producers, delivering solutions tailored to enhance opacity, color strength, and durability.

In addition to its core TiO₂ offerings, Kronos produces and markets iron oxide pigments and zircon-based specialty chemicals, expanding its portfolio to meet the needs of markets such as construction, ceramics, and glass.