Kronos Worldwide (KRO) has announced that it will raise its quarterly dividend by 5.6 percent to 19 cents per share in 2022. This is the first dividend hike by the US producer of titanium dioxide products since 2019 when the dividend was hiked by 5.9 percent to $0.18 per share.

The next KRO dividend is payable on March 17, 2022 to stockholders of record at the close of business on March 8, 2022. The next ex-dividend date for KRO is March 7, 2022. At a stock price of $19.61 the new annual dividend rate yields 3.9%.

Kronos Worldwide, Inc. is a major international producer of titanium dioxide products.  It offers its customers a portfolio of products that include TiO2 pigment grades under the Kronos brand, which provides a range of performance properties. It offers its products to domestic and international paint, plastics, decorative laminate and paper manufacturers.