Tronox Holdings PLC (TROX) to Issue Quarterly Dividend of $0.05 on October 9th

Tronox Holdings PLC (NYSE:TROX) announced a quarterly dividend on Wednesday, July 29th. Shareholders of record on Monday, August 10th will be paid a dividend of 0.05 per share on Friday, October 9th. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Monday, August 10th.

Tronox has raised its dividend by an average of 0.0%annually over the last three years. Tronox has a payout ratio of 25.0% meaning its dividend is sufficiently covered by earnings. Research analysts expect Tronox to earn ($0.21) 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 -95.2%.

Tronox Trading Down 5.9%

Shares of TROX stock opened at $6.54 on Friday. The company has a market cap of $1.04 billion, a PE ratio of -1.89 and a beta of 0.82. Tronox has a 1 year low of $2.86 and a 1 year high of $10.59. The stock’s 50 day simple moving average is $6.69 and its two-hundred day simple moving average is $7.55. The company has a debt-to-equity ratio of 2.36, a current ratio of 2.42 and a quick ratio of 0.66.

Tronox (NYSE:TROX) last announced its earnings results on Wednesday, August 5th. The company reported ($0.51) EPS for the quarter, missing analysts’ consensus estimates of ($0.38) by ($0.13). The company had revenue of $868.00 million during the quarter, compared to analysts’ expectations of $832.59 million. Tronox had a negative return on equity of 23.24% and a negative net margin of 17.96%.Tronox’s revenue for the quarter was up 18.7% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.28) EPS. Research analysts predict that Tronox will post -1.27 earnings per share for the current year.

Tronox Company Profile

Tronox Holdings plc is a vertically integrated global producer of titanium dioxide (TiO₂) pigment and specialty materials. The company’s operations encompass the full supply chain for TiO₂, from mining and processing titanium-bearing ores—such as ilmenite and rutile—to the production of high-purity pigment for use in paints, coatings, plastics, paper and other industrial applications. In addition to TiO₂, Tronox’s product portfolio includes zircon, rare earth byproducts and other specialty minerals that serve a range of industrial markets.

Tronox operates a network of mines, processing facilities and pigment plants located across North America, Europe, the Middle East, Australia and South Africa.