Kronos Worldwide's Ex-Dividend Date Is Friday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Kronos Worldwide (NYSE:KRO) announced a quarterly dividend of 19 cents per share, with the ex-dividend date set for Friday. Shareholders owning KRO stock before the ex-dividend date are eligible for the dividend payout, which will be distributed on June 15, 2023.
May 30, 2023 | 2:49 pm
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NEUTRAL IMPACT
Kronos Worldwide's ex-dividend date is Friday, and shareholders owning the stock before this date are eligible for a 19 cents per share dividend payout.
The announcement of a dividend payout is generally a positive signal for investors, but the stock price will likely adjust lower to reflect the payout, resulting in a neutral short-term impact on the stock price. The importance is high as it directly affects shareholders' returns, and the confidence in the analysis is also high as the information is clearly stated in the article.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100