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KRO - Kronos Worldwide: Both Risky And Appealing 7.5% Dividend Opportunity
Kronos Worldwide Inc
After a sharp correction that also impacted other titania market heavyweights, the stock of Kronos Worldwide, Inc. (KRO), a global producer of value-added titanium dioxide pigments, is yielding more than 7.5%, which value investors may find appealing.
Nevertheless, there are a few nuances that my esteemed readers should bear in mind before considering buying this inexpensively valued high-yield stock.
In many cases, when a cyclical basic materials company has a high-single digit dividend yield, it means the DPS cut is in the cards, and the Board is just postponing the