Tronox Holdings (TROX) Offers Attractive Dividend Yield Above 4%
Exploring the Significance of Dividends in Stock Performance
In recent trading, shares of Tronox Holdings PLC (Symbol: TROX) reached a yield exceeding 4%, based on its quarterly dividend of $0.50, with prices as low as $12.21. Dividends are key for investors, as they historically contribute greatly to a stock’s overall return. For instance, if you bought shares in the iShares Russell 3000 ETF (IWV) on May 31, 2000, at $78.27 each, you would have seen a slight decline to $77.79 by May 31, 2012. This reflects a loss of just $0.48, or 0.6%, over 12 years. However, during this time, $10.77 per share was collected in dividends, improving your total return to 13.15%. Even when considering reinvested dividends, the average annual total return sits around 1.0%. Therefore, a yield above 4% is particularly appealing if it can be sustained. Notably, Tronox Holdings PLC (Symbol: TROX) is part of the Russell 3000, marking it as one of the largest 3,000 companies in the U.S. stock market.
Predicting dividend amounts can be challenging since they often depend on a company’s profitability. Analyzing Tronox Holdings PLC’s dividend history, shown in the chart below, may provide insights into the likelihood of maintaining the current dividend and achieving a sustainable 4% annual yield.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
