Kronos Worldwide, Inc. is a global producer and marketer of value-added titanium dioxide pigments, or TiO2, a base industrial product used in a wide range of applications. The Company, along with its distributors and agents, sells and provides technical services for its products. TiO2 is a white inorganic pigment used in applications, such as coatings, plastics and paper, as well as many specialty products such as inks, cosmetics and pharmaceuticals. The Company offers its customers a broad portfolio of products that include over 50 different TiO 2 pigment grades under the KRONOS trademark, which provide a variety of performance properties to meet customers' specific requirements. The Company manufactures and sells iron-based chemicals, which are co-products and processed co-products of the sulfate and chloride process TiO2 pigment production. It also manufactures and sells other specialty chemicals, which are side-stream products from the production of TiO2.
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD 86.20M.%!(EXTRA int=2)
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 64.04%.
Undervalued
The company’s latest PB is 0.78, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 113.26M shares, decreasing 1.58% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 2.26M shares of this stock.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 1.07.