Tronox Holdings PLC (TROX) to Issue Quarterly Dividend of $0.05 on July 8th

Tronox Holdings PLC (NYSE:TROXGet 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.

Tronox (NYSE:TROXGet Free Report) last announced its quarterly earnings data on Wednesday, February 18th. The company reported ($0.60) EPS for the quarter, missing analysts’ consensus estimates of ($0.43) by ($0.17). Tronox had a negative net margin of 16.22% and a negative return on equity of 14.75%. The company had revenue of $730.00 million for the quarter, compared to analyst estimates of $730.22 million. During the same quarter last year, the company posted $0.03 EPS. Tronox’s revenue was up 8.0% on a year-over-year basis. Research analysts predict that Tronox will post -1.1 EPS for the current fiscal year.

About Tronox

(Get Free Report)

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.

Recommended Stories

Dividend History for Tronox (NYSE:TROX)

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