Tronox Holdings dividend yield – Tronox Holdings PLC Declares 0.125 Cash Dividend
March 23, 2023
Dividends Yield
On March 2, 2023, Tronox Holdings ($NYSE:TROX) PLC declared a cash dividend of 0.125 USD per share. This is not an unfamiliar amount for investors of the company, as TRONOX HOLDINGS has issued an annual dividend per share of 0.5 USD for the past three years, yielding a dividend yield of 3.09% each year. This consistent dividend yield makes TRONOX HOLDINGS an attractive addition to any investor’s portfolio that is looking to add dividend stocks. The company declared the ex-dividend date of the cash dividend to be on March 3, 2023.
All stockholders that are looking to receive the dividend payout must purchase the stock before the ex-dividend date in order to be eligible for the dividend payment. For investors looking for consistent dividends, TRONOX HOLDINGS is worth considering given their performance over the past three years.
Share Price
In response to this announcement, the stock opened at $15.7 and closed at $16.5, representing an increase of 4.8% from its previous closing price of $15.8. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Tronox Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 3.45k | 497 | 16.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Tronox Holdings. More…
| Operations | Investing | Financing |
| 598 | -415 | -250 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Tronox Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.31k | 3.9k | 14.7 |
Key Ratios Snapshot
Some of the financial key ratios for Tronox Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.3% | 66.8% | 12.3% |
| FCF Margin | ROE | ROA |
| 4.9% | 11.5% | 4.2% |
Analysis – Tronox Holdings Stock Fair Value Calculation
At GoodWhale, we recently conducted an analysis of TRONOX HOLDINGS‘ financials. Through our proprietary Valuation Line, we determined that the fair value of TRONOX HOLDINGS share is around $16.4. Currently, TRONOX HOLDINGS stock is being traded at $16.5, which is an excellent price for investors. However, we recommend that investors continue to monitor the stock, as the fair value of the company may change in the future. More…
Peers
The company has strong competition from Hartalega Holdings Bhd, WD-40 Co, and Iofina PLC, all of which offer similar products and services. Despite the strong competition, Tronox Holdings PLC has managed to remain a leader in its industry thanks to its commitment to innovation and customer service.
– Hartalega Holdings Bhd ($KLSE:5168)
Hartalega Holdings Bhd is a Malaysian-based glove manufacturer that produces various types of gloves for medical, industrial and food service use. As of 2023, the company has a market capitalization of 5.33 billion and a Return on Equity (ROE) of 9.26%, indicating that the company is generating a good return on its investments. The company has been able to achieve such high returns due to its efficient operations, management and sales strategies. Its ability to remain competitive in the market has made it one of the leading glove manufacturers in Malaysia.
– WD-40 Co ($NASDAQ:WDFC)
WD-40 Co is a multinational corporation that specializes in the production of lubricants, cleaners, and degreasers. It has a current market cap of 2.37 billion, making it one of the largest publicly traded companies in its industry. WD-40 Co’s return on equity over the last year has been 26.96%, indicating that the company is efficiently utilizing its assets to generate a return on investment. This high return on equity and sizable market cap are indicative of WD-40 Co’s strong and profitable operations.
– Iofina PLC ($LSE:IOF)
Iofina PLC is a specialty chemical company that produces iodine, iodide and derivatives. The company has a market capitalization of 47.01M as of 2023 and a return on equity of 9.17%. This market capitalization indicates that the company has a large presence in the market, and a return on equity of 9.17% shows that it is making a good return on its investments. The company is well-positioned to continue to grow and expand its business.
Summary
TRONOX HOLDINGS is an attractive investment opportunity for dividend investors, having consistently issued an annual dividend per share of 0.5 USD over the past three years, providing a yield of 3.09%. The company has demonstrated a commitment to rewarding shareholders, and with a competitive dividend yield, investors stand to benefit from a steady income. As with any investment, it is important to conduct thorough research and analysis before making a final decision. However, TRONOX HOLDINGS presents an interesting opportunity for those investors looking for a dependable dividend stock.
