Surpassing Expectations: Kronos Worldwide Unleashes Growth Potential and Rewards Investors
Portfolio Pulse from Benzinga Insights
Kronos Worldwide (NYSE:KRO) is set to distribute a dividend payout of $0.19 per share, equating to an annualized dividend yield of 8.06%. The company has shown a steady increase in dividend per share and earnings per share from 2019 to 2022, indicating a healthy financial status. Westlake Chemical (NYSE:WLKP) is mentioned as a peer with the highest annualized dividend yield at 8.73%.
September 14, 2023 | 3:06 pm
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POSITIVE IMPACT
Kronos Worldwide is set to distribute a dividend payout, indicating a healthy financial status. The company has shown a steady increase in dividend per share and earnings per share from 2019 to 2022.
The news about the dividend payout and the steady increase in dividends and earnings from 2019 to 2022 is positive for Kronos Worldwide. This indicates a healthy financial status and is likely to attract income-seeking investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Westlake Chemical is mentioned as a peer of Kronos Worldwide with the highest annualized dividend yield at 8.73%.
Westlake Chemical is mentioned in the context of having a higher annualized dividend yield than Kronos Worldwide. However, there is no specific news about Westlake Chemical itself, so the impact on its stock price is likely to be neutral in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50