On September 14, 2023, Kronos Worldwide KRO will distribute a dividend payout of $0.19 per share, equating to an annualized dividend yield of 8.06%. Shareholders who owned the stock before the ex-dividend date on August 31, 2023 will receive this payout.
Kronos Worldwide Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-08-31 | 4 | $0.19 | 8.06% | 2023-08-02 | 2023-09-01 | 2023-09-14 |
| 2023-06-02 | 4 | $0.19 | 9.72% | 2023-05-17 | 2023-06-05 | 2023-06-15 |
| 2023-03-06 | 4 | $0.19 | 7.0% | 2023-02-22 | 2023-03-07 | 2023-03-16 |
| 2022-11-30 | 4 | $0.19 | 7.93% | 2022-10-26 | 2022-12-01 | 2022-12-15 |
| 2022-08-31 | 4 | $0.19 | 4.32% | 2022-08-03 | 2022-09-01 | 2022-09-15 |
| 2022-06-03 | 4 | $0.19 | 4.63% | 2022-05-18 | 2022-06-06 | 2022-06-16 |
| 2022-03-07 | 4 | $0.19 | 5.34% | 2022-02-23 | 2022-03-08 | 2022-03-17 |
| 2021-12-01 | 4 | $0.18 | 5.38% | 2021-10-27 | 2021-12-02 | 2021-12-16 |
| 2021-09-01 | 4 | $0.18 | 5.22% | 2021-08-04 | 2021-09-02 | 2021-09-16 |
| 2021-06-04 | 4 | $0.18 | 4.24% | 2021-05-19 | 2021-06-07 | 2021-06-17 |
| 2021-03-08 | 4 | $0.18 | 4.95% | 2021-02-24 | 2021-03-09 | 2021-03-18 |
| 2020-11-30 | 4 | $0.18 | 5.43% | 2020-10-28 | 2020-12-01 | 2020-12-10 |
When comparing Kronos Worldwide's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Westlake Chemical WLKP having the highest annualized dividend yield at 8.73%.
Analyzing Kronos Worldwide Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
As you can see, from 2019 to 2022, investors saw an average increase in the company's dividend per share, rising from $0.72 in 2019 to $0.76 in 2022. This is good for investors because it shows that the company has steadily returned more capital back to their shareholders and it could mean that they are planning to continue increasing dividends.
YoY Earnings Growth For Kronos Worldwide
The earnings chart above shows that from 2019 to 2022, Kronos Worldwide has experienced an increase in their earnings from $0.88 per share to $1.36 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.
Recap
This article delves into the recent dividend payout of Kronos Worldwide and its implications for shareholders. Presently, the company is distributing a dividend of $0.19 per share, leading to an annualized dividend yield of 8.06%.
When comparing Kronos Worldwide's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Westlake Chemical having the highest annualized dividend yield at 8.73%.
With an increase in dividend per share and earnings per share from 2019 to 2022, Kronos Worldwide demonstrates a healthy financial status and is likely to maintain their dividend distribution to investors.
Investors are encouraged to closely track the company's performance in the upcoming quarters to stay informed of any updates in financials or dividend disbursements.
[Track real-time stock fluctuations for Kronos Worldwide on Benzinga.](https://www.benzinga.com/quote/Kronos Worldwide (NYSE: KRO))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Ex-Date | ticker | name | Dividend | Yield | Announced | Record | Payable |
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