Kronos Worldwide Inc to Issue Quarterly Dividend of $0.05 (NYSE:KRO)

Kronos Worldwide Inc (NYSE:KROGet Free Report) announced a quarterly dividend on Wednesday, February 25th. Stockholders of record on Tuesday, March 10th will be given a dividend of 0.05 per share by the specialty chemicals company on Thursday, March 19th. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Tuesday, March 10th.

Kronos Worldwide has decreased its dividend by an average of 0.1%per year over the last three years. Kronos Worldwide has a dividend payout ratio of 17.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Kronos Worldwide to earn $1.02 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 19.6%.

Kronos Worldwide Stock Down 4.4%

Shares of NYSE:KRO traded down $0.26 during mid-day trading on Thursday, hitting $5.62. 111,041 shares of the company traded hands, compared to its average volume of 304,379. The firm’s 50 day simple moving average is $5.44 and its 200 day simple moving average is $5.39. The firm has a market cap of $646.58 million, a P/E ratio of -15.61 and a beta of 1.14. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.47 and a current ratio of 3.83. Kronos Worldwide has a 52-week low of $4.08 and a 52-week high of $8.95.

Kronos Worldwide Company Profile

(Get Free Report)

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.

Further Reading

Dividend History for Kronos Worldwide (NYSE:KRO)

Receive News & Ratings for Kronos Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kronos Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.