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

Kronos Worldwide Inc (NYSE:KRO) declared a quarterly dividend on Wednesday, May 13th. Stockholders of record on Thursday, June 4th will be given a dividend of 0.05 per share by the specialty chemicals company on Thursday, June 18th. This represents a c) annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Thursday, June 4th.

Kronos Worldwide has decreased its dividend by an average of 0.2%per year over the last three years. Kronos Worldwide has a dividend payout ratio of 17.7% indicating that its dividend is sufficiently covered by earnings. 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 Stock Performance

Kronos Worldwide stock opened at $7.22 on Thursday. The business has a 50 day moving average of $6.34 and a 200-day moving average of $5.58. Kronos Worldwide has a 1 year low of $4.08 and a 1 year high of $7.89. The company has a debt-to-equity ratio of 0.81, a current ratio of 3.18 and a quick ratio of 1.41. The company has a market capitalization of $830.20 million, a P/E ratio of -6.22 and a beta of 1.00.

Kronos Worldwide (NYSE:KRO) last released its quarterly earnings data on Wednesday, May 6th. The specialty chemicals company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.33) by $0.29. Kronos Worldwide had a negative return on equity of 15.01% and a negative net margin of 7.12%.The company had revenue of $509.80 million during the quarter, compared to the consensus estimate of $524.00 million. On average, equities research analysts predict that Kronos Worldwide will post -0.33 earnings per share for the current year.

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.