Kronos Worldwide Inc (NYSE:KRO) Plans $0.05 Quarterly Dividend

Kronos Worldwide Inc (NYSE:KRO) announced a quarterly dividend on Wednesday, February 25th. Investors 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) dividend on an annualized basis and a yield of 3.6%. 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% indicating that its dividend is sufficiently covered by earnings. 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

NYSE:KRO traded down $0.26 during trading hours on Thursday, hitting $5.62. 80,708 shares of the company were exchanged, compared to its average volume of 303,828. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.83 and a quick ratio of 1.47. Kronos Worldwide has a 52-week low of $4.08 and a 52-week high of $8.95. The stock has a market capitalization of $646.47 million, a price-to-earnings ratio of -15.54 and a beta of 1.14. The company’s 50 day moving average price is $5.44 and its 200-day moving average price is $5.39.

Institutional Investors Weigh In On Kronos Worldwide

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Boston Partners lifted its holdings in shares of Kronos Worldwide by 60.0% in the 2nd quarter. Boston Partners now owns 2,521,452 shares of the specialty chemicals company’s stock valued at $15,630,000 after buying an additional 945,556 shares during the period. Bank of America Corp DE lifted its holdings in Kronos Worldwide by 55.8% in the third quarter. Bank of America Corp DE now owns 472,305 shares of the specialty chemicals company’s stock valued at $2,711,000 after acquiring an additional 169,246 shares during the period. AQR Capital Management LLC increased its holdings in shares of Kronos Worldwide by 478.7% during the 1st quarter. AQR Capital Management LLC now owns 125,969 shares of the specialty chemicals company’s stock valued at $942,000 after purchasing an additional 104,202 shares in the last quarter. Segall Bryant & Hamill LLC boosted its holdings in Kronos Worldwide by 56.8% during the second quarter. Segall Bryant & Hamill LLC now owns 197,383 shares of the specialty chemicals company’s stock worth $1,224,000 after buying an additional 71,493 shares in the last quarter. Finally, HRT Financial LP acquired a new position in shares of Kronos Worldwide in the fourth quarter worth about $271,000. 15.11% of the stock is owned by institutional investors and hedge funds.

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.