Kronos Worldwide, Inc. Announces Quarterly Dividend and Results of Annual Stockholder Meeting

Rhea-AI Summary

Kronos Worldwide, Inc. (NYSE: KRO) has declared a quarterly dividend of $0.18 per share, payable on June 17, 2021, to stockholders of record by June 7, 2021. The announcement was made during the company's 2021 annual stockholder meeting, where shareholders elected several directors for a one-year term and approved executive compensation disclosures in a nonbinding advisory vote. Kronos Worldwide is recognized as a significant producer of titanium dioxide products.

Positive

• Quarterly dividend declared at $0.18, enhancing shareholder returns.
• Board of directors elected for continuity in leadership.

Negative

• None.

Dallas, TX, May 19, 2021 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE: KRO) announced that its board of directors has declared a regular quarterly dividend of eighteen cents ($0.18) per share on its common stock, payable on June 17, 2021 to stockholders of record at the close of business on June 7, 2021.

Kronos Worldwide also announced that at its 2021 annual stockholder meeting held today its stockholders had:

• elected each of Loretta J. Feehan, Robert D. Graham, John E. Harper, Meredith W. Mendes, Cecil H. Moore, Jr., Thomas P. Stafford, and R. Gerald Turner as a director for a one year term; and
• adopted a resolution that approved, on a nonbinding advisory basis, the compensation of its named executive officers as disclosed in the proxy statement for the 2021 annual stockholder meeting.

Kronos Worldwide, Inc. is a major international producer of titanium dioxide products.

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Source:   Kronos Worldwide, Inc.

Contact:  Janet G. Keckeisen, Vice President, Corporate Stragegy and Investor Relations, (972) 233-1700

FAQ

What is the dividend amount declared by KRO?

Kronos Worldwide declared a dividend of $0.18 per share.

When will KRO's dividend be paid?

The dividend will be paid on June 17, 2021.

What is the record date for KRO's dividend?

The record date is June 7, 2021.

Who were elected to KRO's board of directors?

Loretta J. Feehan, Robert D. Graham, John E. Harper, Meredith W. Mendes, Cecil H. Moore, Jr., Thomas P. Stafford, and R. Gerald Turner were elected.

What compensation resolution was adopted at KRO's annual meeting?

A nonbinding advisory vote was held to approve the compensation of named executive officers.