Tronox Holdings PLC (NYSE:TROX – Get Free Report) announced a quarterly dividend on Tuesday, April 28th. Shareholders of record on Monday, May 11th will be given a dividend of 0.05 per share on Wednesday, July 8th. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Monday, May 11th.
Tronox has increased its dividend payment by an average of 0.0%per year over the last three years. Tronox has a dividend payout ratio of 25.0% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Tronox to earn ($0.26) 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 -76.9%.
Tronox Stock Performance
TROX opened at $9.67 on Thursday. The company has a market capitalization of $1.53 billion, a price-to-earnings ratio of -3.25 and a beta of 0.93. The company has a debt-to-equity ratio of 2.16, a current ratio of 2.46 and a quick ratio of 0.67. Tronox has a 1-year low of $2.86 and a 1-year high of $10.59. The business has a 50 day moving average price of $8.31 and a two-hundred day moving average price of $6.01.
About Tronox
Tronox Holdings plc is a vertically integrated global producer of titanium dioxide (TiO₂) pigment and specialty materials. The company’s operations encompass the full supply chain for TiO₂, from mining and processing titanium-bearing ores—such as ilmenite and rutile—to the production of high-purity pigment for use in paints, coatings, plastics, paper and other industrial applications. In addition to TiO₂, Tronox’s product portfolio includes zircon, rare earth byproducts and other specialty minerals that serve a range of industrial markets.
Tronox operates a network of mines, processing facilities and pigment plants located across North America, Europe, the Middle East, Australia and South Africa.
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