E Stock Picking: Kronos Worldwide

This week, I'm seeking the second robust dividend-paying stock from the basic materials business sector for my Ivy portfolio. 

That basic materials sector has thirteen industries all related to mining, making, and delivering essential commodities. They are: agricultural inputs; aluminum; building materials; chemicals; coal; copper; industrial metals; gold; paper; silver; specialty chemicals; steel.

Today I'm reviewing a small-cap specialty chemicals company, named Kronos Worldwide Inc. Its trading ticker symbol is KRO. I've not reported on this company before.

Kronos Worldwide Inc  (KRO) manufactures and sells titanium dioxide pigments (TiO2) which are used in a variety of products including coatings on automobiles, traffic paint, aircraft, machines, appliances, and in both commercial and residential interiors and exteriors.

The company operates in Europe, North America, the Asia Pacific, and internationally. 

It produces TiO2 in two crystalline forms, rutile and anatase to impart whiteness, brightness, opacity, and durability for paints, coatings, plastics, paper, fibers, and ceramics, as well as inks, food, and cosmetics. 

The company also produces ilmenite, a raw material used directly as a feedstock in sulfate-process TiO2 plants; iron-based chemicals, which are used as treatment and conditioning agents for industrial effluents and municipal wastewater; titanium oxychloride for use in the formulation of pearlescent pigments, as well as capacitors for cell phones; and titanyl sulfate used in pearlescent pigments,

The company sells and services its products under the Kronos brand through distributors and agents to paint, plastics, decorative laminate, and paper manufacturers. 

The company is headquartered in Dallas, Texas. Kronos Worldwide, Inc. is a subsidiary of Valhi, Inc.

I use three key data points to gauge the value of any dividend equity or fund like Kronos Worldwidel, Inc.(KRO): 

(1) Price

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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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