Kronos Worldwide Inc (NYSE:KRO – Get Free Report) announced a quarterly dividend on Wednesday, May 13th. Shareholders of record on Thursday, June 4th will be paid a dividend of 0.05 per share by the specialty chemicals company on Thursday, June 18th. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Thursday, June 4th.
Kronos Worldwide has decreased its dividend payment by an average of 0.2%per year 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 Trading Up 0.7%
Shares of NYSE KRO opened at $7.27 on Friday. The company has a quick ratio of 1.41, a current ratio of 3.18 and a debt-to-equity ratio of 0.81. The business has a fifty day simple moving average of $6.37 and a two-hundred day simple moving average of $5.59. The firm has a market cap of $836.18 million, a PE ratio of -6.27 and a beta of 1.00. Kronos Worldwide has a twelve month low of $4.08 and a twelve month high of $7.89.
About Kronos Worldwide
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.
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