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KRO - Kronos Worldwide: Dividend Remains A Strong Calling Card
Kronos Worldwide Inc
Before entertaining any thought of buying shares of a company, we always look at the charts, the valuation and many times the dividend. If the company in question pays out a large dividend yield, many investors may be primarily invested for the dividend itself. Suffice it to say, if management were to cut the dividend without prior notice, this could cause an exodus of capital - especially from the income-orientated subset.
Kronos Worldwide (KRO) which operates in the titanium dioxide pigments (TiO2) industry currently pays out a 5% dividend. The price of the