Tronox Limited (TROX) Declares $0.05 Quarterly Dividend
Tronox Limited (NYSE:TROX) announced a quarterly dividend on Wednesday, August 9th, Zacks reports. Investors of record on Monday, August 21st will be paid a dividend of 0.045 per share on Thursday, August 31st. This represents a $0.18 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date is Thursday, August 17th.
Tronox Limited has decreased its dividend payment by an average of 27.3% annually over the last three years.
Shares of Tronox Limited (NYSE TROX) opened at 19.69 on Friday. The company has a market cap of $2.34 billion, a price-to-earnings ratio of 49.35 and a beta of 3.45. Tronox Limited has a one year low of $7.40 and a one year high of $21.00. The company’s 50-day moving average is $17.61 and its 200-day moving average is $16.41.
Separately, BidaskClub raised shares of Tronox Limited from a “strong sell” rating to a “sell” rating in a research note on Thursday, July 6th.
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Tronox Limited Company Profile
Tronox Limited produces and markets titanium bearing mineral sands and titanium dioxide (TiO2) pigment in North America, Europe, South Africa, and the Asia-Pacific region. It primarily operates in two segments, TiO2 and Alkali. The TiO2 segment engages in the exploration, mining, and beneficiation of mineral sands deposits.
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