Friday Is Your Last Chance To Buy Kronos Worldwide Before The Dividend Payout
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 Monday. Shareholders owning KRO by the end of Friday are eligible for the dividend, payable on March 14, 2024. The stock is expected to open 19 cents lower on the ex-dividend date.
February 28, 2024 | 2:45 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Kronos Worldwide announces a quarterly dividend of 19 cents per share, payable on March 14, 2024, to shareholders who own the stock by the end of Friday, with the ex-dividend date on Monday.
The announcement of a dividend payout typically leads to a short-term decrease in the stock price on the ex-dividend date, as the stock price adjusts to reflect the payout. In this case, KRO is expected to open 19 cents lower on the ex-dividend date, indicating a direct impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100