Tronox Limited Plans Quarterly Dividend of $0.05 (NYSE:TROX)
Tronox Limited (NYSE:TROX) declared a quarterly dividend on Wednesday, August 9th, Zacks reports. Investors of record on Monday, August 21st will be given a dividend of 0.045 per share on Thursday, August 31st. This represents a $0.18 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date is Thursday, August 17th.
Tronox Limited has decreased its dividend payment by an average of 27.3% per year over the last three years.
Tronox Limited (NYSE:TROX) opened at 19.69 on Friday. The company has a 50-day moving average of $17.61 and a 200-day moving average of $16.41. Tronox Limited has a 1-year low of $7.40 and a 1-year high of $21.00. The company has a market capitalization of $2.34 billion, a P/E ratio of 49.35 and a beta of 3.45.
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Separately, BidaskClub upgraded shares of Tronox Limited from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th.
About Tronox Limited
Tronox Limited produces and markets titanium bearing mineral sands and titanium dioxide (TiO2) pigment in North America, Europe, South Africa, and the Asia-Pacific region. It primarily operates in two segments, TiO2 and Alkali. The TiO2 segment engages in the exploration, mining, and beneficiation of mineral sands deposits.
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