On March 14, 2024, Kronos Worldwide KRO will distribute a dividend payout of $0.19 per share, equating to an annualized dividend yield of 8.95%. Shareholders who owned the stock before the ex-dividend date on March 04, 2024 will receive this payout.
Kronos Worldwide Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2024-03-04 | 4 | $0.19 | 8.95% | 2024-02-21 | 2024-03-05 | 2024-03-14 |
| 2023-11-30 | 4 | $0.19 | 11.28% | 2023-10-25 | 2023-12-01 | 2023-12-14 |
| 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 |
When it comes to dividend yield, Kronos Worldwide stands tall above its industry peers, boasting a remarkable annualized dividend yield of 8.34%.
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
The company demonstrated a positive dividend growth pattern from 2020 to 2023, with the dividend per share rising from $0.72 to $0.76. This signifies the company's commitment to consistently increasing shareholder dividends.
YoY Earnings Growth For Kronos Worldwide
Investors can observe a decrease in Kronos Worldwide's earnings per share from $0.54 in 2020 to $-0.56 in 2023. This declining earnings trend may be concerning for income-seeking investors, as it indicates a potential impact on the company's cash dividend payouts. A comprehensive analysis is recommended to understand the factors driving this decrease and evaluate its implications on future dividend payments.
Recap
In this article, we explore the recent dividend payout of Kronos Worldwide and its significance for shareholders. The company has decided to distribute a dividend of $0.19 per share today, which equates to an annualized dividend yield of 8.95%.
When it comes to dividend yield, Kronos Worldwide stands tall above its industry peers, boasting a remarkable annualized dividend yield of 8.34%.
The increase in dividend per share from 2020 to 2023 combined with a decrease in earnings per share for Kronos Worldwide suggests a strategic decision to prioritize shareholder returns over earnings growth.
To stay informed about changes in financials or dividend disbursements, investors should pay close attention to the company's performance in the upcoming quarters.
[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.
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