Tronox (TROX) Declares 25c/Share Quarterly Dividend; Plans 82% Dividend Cut
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Tronox Reports Fourth Quarter 2015 Financial Results
February 23, 2016 4:54 PM ESTSTAMFORD, Conn., Feb. 23, 2016 /PRNewswire/ -- Tronox Limited (NYSE: TROX) today reported fourth quarter 2015 revenue of $535 million compared to $400 million in the fourth quarter 2014 and $575 million in the third quarter 2015. Adjusted EBITDA was $60 million compared to $81 million in the year-ago quarter and $81 million in the third quarter. Adjusted net loss attributable to Tronox Limited in the quarter was $76 million, or $0.66 per diluted share, versus an adjusted net loss of $23 million, or $0.20 per diluted share, in the prior-year quarter and an adjusted net loss of $53 million, or $0.46 per diluted share, in the... More
