Kronos Worldwide, Inc. Declares New Quarterly Dividend Policy
Kronos Worldwide, Inc.'s Recent Dividend Announcement
Kronos Worldwide, Inc. (NYSE: KRO) has made headlines with its latest announcement concerning a quarterly dividend, showcasing its financial health and commitment to shareholders.
Details of the Dividend
The board of directors at Kronos Worldwide has declared a quarterly dividend of five cents ($0.05) per share of its common stock. This dividend emphasizes the company’s strategic approach to providing returns to its investors.
Payment Timeline
Shareholders will find this new dividend payable on September 18, 2025, reflecting a prompt return on their investments. Stockholders recorded on September 5, 2025, will be eligible for this dividend.
Significance of This Dividend
This quarterly dividend is not only a reflection of Kronos Worldwide's financial stability but also serves to reinforce investor confidence. Regular dividends can attract both new and existing shareholders, thus maintaining the stock's market strength.
Understanding Kronos Worldwide, Inc.
Kronos Worldwide, headquartered in Texas, is a significant player in the titanium dioxide industry. The company’s products cater to a range of markets, making it a crucial supplier globally.
Production Capabilities
Kronos Worldwide produces high-quality titanium dioxide, which is essential in numerous applications including paints, coatings, plastics, and paper. This versatile product showcases the company’s commitment to excellence and innovation in manufacturing.
Market Performance and Future Outlook
KRO has demonstrated resilience in the face of market fluctuations, showcasing a robust business model. The company continues to explore growth opportunities within the titanium dioxide market, which is increasingly essential as sustainable practices gain traction worldwide.
Investor Relations and Contact
The company is committed to transparency and provides various channels for investor communication. For further inquiries, investors can reach out to Bryan A. Hanley, Senior Vice President and Treasurer, at Tel. 972-233-1700.
Frequently Asked Questions
What is the recently declared dividend by Kronos Worldwide?
Kronos Worldwide has declared a quarterly dividend of $0.05 per share.
When will the dividend be paid?
The dividend is scheduled to be paid on September 18, 2025.
Who is eligible for the dividend?
Shareholders recorded on September 5, 2025, will be eligible for the dividend payments.
What does this dividend indicate about Kronos Worldwide?
This dividend reflects Kronos Worldwide's sound financial health and strong commitment to delivering value to its investors.
How can I contact Kronos Worldwide for investor relations?
Investors can contact Bryan A. Hanley at 972-233-1700 for any inquiries related to investor relations.
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