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Tronox Holdings plc, a top titanium dioxide pigment manufacturer, declared a $0.125 quarterly dividend, payable on June 21, 2024, to shareholders on record as of May 20, 2024. Tronox is a global leader in titanium products, with diverse operations and a strong workforce.
Tronox Holdings plc (NYSE:TROX) reported strong financial results for Q1 2024 with revenue of $774 million, a 13% increase from the prior quarter, and an adjusted net loss of $7 million. The company exceeded Adjusted EBITDA guidance and expects TiO2 volumes to increase in Q2. Tronox's CEO highlighted lower production costs, increased demand, and improved operational efficiency as key drivers. The company aims for a step change in earnings power and sustainability efforts.
