Kronos Worldwide, Inc. (KRO) to Issue Quarterly Dividend of $0.05 on March 20th

Posted by Lauren Steadman on Feb 28th, 2025

Kronos Worldwide, Inc. (NYSE:KRO – Get Free Report) announced a quarterly dividend on Wednesday, February 26th, RTT News reports. Stockholders of record on Tuesday, March 11th will be paid a dividend of 0.05 per share by the specialty chemicals company on Thursday, March 20th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.28%. The ex-dividend date of this dividend is Tuesday, March 11th.

Kronos Worldwide has decreased its dividend payment by an average of 12.6% annually over the last three years. Kronos Worldwide has a payout ratio of 13.1% 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 Performance

Shares of KRO stock opened at $8.78 on Friday. The company has a market capitalization of $1.01 billion, a P/E ratio of 10.84 and a beta of 1.14. The business’s 50 day moving average is $9.42 and its two-hundred day moving average is $10.71. The company has a current ratio of 2.68, a quick ratio of 1.30 and a debt-to-equity ratio of 0.56. Kronos Worldwide has a 12-month low of $8.51 and a 12-month high of $14.50.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Kronos Worldwide from a “strong-buy” rating to a “buy” rating in a report on Tuesday, January 28th. Two analysts have rated the stock with a sell rating and two have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $12.00.

View Our Latest Research Report on Kronos Worldwide

About Kronos Worldwide

(Get Free Report)

Kronos Worldwide, Inc produces and markets titanium dioxide pigments (TiO2) in Europe, North America, the Asia Pacific, and internationally. The company produces TiO2 in two crystalline forms, rutile and anatase to impart whiteness, brightness, opacity, and durability for various products, including paints, coatings, plastics, paper, fibers, and ceramics, as well as for various specialty products, such as inks, foods, and cosmetics.