Kronos Worldwide, Inc. Announces Increase in Quarterly Dividend

Rhea-AI Summary

Kronos Worldwide, Inc. (NYSE: KRO) has announced a $0.01 increase in its quarterly dividend, bringing it to $0.19 per share. The new dividend will be payable on March 17, 2022, to stockholders recorded as of March 8, 2022. This reflects Kronos's commitment to returning value to its shareholders despite market fluctuations. Kronos Worldwide is recognized as a leading global producer of titanium dioxide products, essential across various industries.

AI-generated analysis. Not financial advice.

Positive

• Increase in quarterly dividend to $0.19 per share, signaling confidence in financial stability and shareholder returns.
• Dividend payable on March 17, 2022, rewarding stockholders promptly.

Negative

• None.

News Market Reaction – KRO

+1.78%

1 alert

+1.78% News Effect

On the day this news was published, KRO gained 1.78%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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Dallas, Texas, Feb. 23, 2022 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE   

Kronos Worldwide, Inc. (NYSE: KRO) announced a $0.01 per share increase in its regular quarterly dividend. Kronos Worldwide’s board of directors has declared a regular quarterly dividend of nineteen cents ($0.19) per share on its common stock, payable on March 17, 2022 to stockholders of record at the close of business on March 8, 2022.

Kronos Worldwide, Inc. is a major international producer of titanium dioxide products.

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Contact:  Janet G. Keckeisen, Vice President, Investor Relations, (972) 233-1700

FAQ

What is the new dividend amount for Kronos Worldwide (KRO)?

Kronos Worldwide's new dividend amount is $0.19 per share.

When is the dividend payment date for KRO?

The dividend payment date for KRO is March 17, 2022.

What is the record date for the dividend of Kronos Worldwide?

The record date for the dividend is March 8, 2022.

How frequently does Kronos Worldwide pay dividends?

Kronos Worldwide typically pays dividends quarterly.

Is the increase in dividend for KRO sustainable?

The sustainability of the dividend increase depends on the company’s ongoing financial performance and market conditions.