Kronos Worldwide Inc (KRO) to Issue Quarterly Dividend of $0.05 on March 19th

Kronos Worldwide Inc (NYSE:KRO) declared a quarterly dividend on Wednesday, February 25th. Stockholders of record on Tuesday, March 10th will be given a dividend of 0.05 per share by the specialty chemicals company on Thursday, March 19th. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Tuesday, March 10th.

Kronos Worldwide has decreased its dividend payment by an average of 0.1%per year over the last three years. Kronos Worldwide has a dividend payout ratio of 17.7% meaning its dividend is sufficiently covered by earnings. 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 Price Performance

NYSE:KRO opened at $5.32 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.83 and a quick ratio of 1.47. The company has a 50 day moving average price of $5.58 and a 200-day moving average price of $5.38. Kronos Worldwide has a 1-year low of $4.08 and a 1-year high of $8.04. The firm has a market cap of $612.07 million, a price-to-earnings ratio of -14.78 and a beta of 1.12.

Hedge Funds Weigh In On Kronos Worldwide

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. State of Alaska Department of Revenue acquired a new stake in shares of Kronos Worldwide in the third quarter valued at about $30,000. Raymond James Financial Inc. acquired a new position in shares of Kronos Worldwide during the 2nd quarter worth about $42,000. Pilgrim Partners Asia Pte Ltd purchased a new position in Kronos Worldwide in the 3rd quarter valued at about $40,000. Jain Global LLC purchased a new position in Kronos Worldwide in the 4th quarter valued at about $46,000. Finally, The Manufacturers Life Insurance Company acquired a new stake in Kronos Worldwide in the 2nd quarter worth about $70,000. 15.11% of the stock is owned by hedge funds and other institutional investors.

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.