STOCK TITAN

Trinseo Announces Quarterly Dividend of $0.01 Per Share

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends

Trinseo (NYSE: TSE), a specialty material solutions provider, has announced a quarterly dividend of $0.01 per share. The cash distribution will be payable on January 23, 2025, to shareholders of record as of the close of business on January 9, 2025.

Trinseo (NYSE: TSE), un fornitore di soluzioni per materiali speciali, ha annunciato un dividendo trimestrale di $0,01 per azione. La distribuzione in contante sarà pagabile il 23 gennaio 2025, agli azionisti registrati al termine della giornata lavorativa del 9 gennaio 2025.

Trinseo (NYSE: TSE), un proveedor de soluciones de materiales especializados, ha anunciado un dividendo trimestral de $0.01 por acción. La distribución en efectivo se pagará el 23 de enero de 2025, a los accionistas registrados al cierre de operaciones del 9 de enero de 2025.

트리네오 (NYSE: TSE), 특수 소재 솔루션 제공업체가 주당 $0.01의 배당금을 분기별로 발표했습니다. 현금 배당금은 2025년 1월 23일에 지급되며, 2025년 1월 9일 영업 종료 시점의 주주에게 지급됩니다.

Trinseo (NYSE: TSE), un fournisseur de solutions en matériaux spéciaux, a annoncé un dividende trimestriel de 0,01 $ par action. La distribution en espèces sera payable le 23 janvier 2025, aux actionnaires inscrits à la clôture des affaires le 9 janvier 2025.

Trinseo (NYSE: TSE), ein Anbieter von Spezialmateriallösungen, hat eine vierteljährliche Dividende von 0,01 $ pro Aktie bekannt gegeben. Die Barauszahlung erfolgt am 23. Januar 2025 an die Aktionäre, die zum Ende des Geschäftstags am 9. Januar 2025 registriert sind.

Positive
  • Maintaining dividend payments, indicating continued commitment to shareholder returns
Negative
  • Low dividend amount of $0.01 per share suggests cash distribution to shareholders

WAYNE, Pa.--(BUSINESS WIRE)-- Trinseo (NYSE: TSE), a specialty material solutions provider, today announced that its Board of Directors authorized a quarterly dividend of $0.01 per share. The dividend will be a cash distribution payable on January 23, 2025, to shareholders of record as of the close of business on January 9, 2025.

About Trinseo

Trinseo (NYSE: TSE), a specialty material solutions provider, partners with companies to bring ideas to life in an imaginative, smart and sustainably focused manner by combining its premier expertise, forward-looking innovations and best-in-class materials to unlock value for companies and consumers.

From design to manufacturing, Trinseo taps into decades of experience in diverse material solutions to address customers’ unique challenges in a wide range of industries, including building and construction, consumer goods, medical and mobility.

Trinseo’s employees bring endless creativity to reimagining the possibilities with clients all over the world from the company’s locations in North America, Europe and Asia Pacific. Trinseo reported net sales of approximately $3.7 billion in 2023. Discover more by visiting www.trinseo.com and connecting with Trinseo on LinkedIn, Twitter, Facebook and WeChat.

Cautionary Note on Forward-Looking Statements

This press release may contain forward-looking statements including, without limitation, statements concerning plans, objectives, goals, projections, forecasts, strategies, future events or performance, and underlying assumptions and other statements, which are not statements of historical facts or guarantees or assurances of future performance. Forward-looking statements may be identified by the use of words like “expect,” “anticipate,” “believe,” “intend,” “forecast,” “outlook,” “will,” “may,” “might,” “see,” “tend,” “assume,” “potential,” “likely,” “target,” “plan,” “contemplate,” “seek,” “attempt,” “should,” “could,” “would” or expressions of similar meaning. Forward-looking statements reflect management’s evaluation of information currently available and are based on our current expectations and assumptions regarding our business, the economy, our current indebtedness, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Factors that might cause future results to differ from those expressed by the forward-looking statements include, but are not limited to, our ability to successfully implement proposed restructuring initiatives and to successfully generate cost savings through restructuring and cost reduction initiatives; our ability to successfully execute our business and transformation strategy; increased costs or disruption in the supply of raw materials; deterioration of our credit profile limiting our access to commercial credit; increased energy costs; compliance with laws and regulations impacting our business; any disruptions in production at our chemical manufacturing facilities, including those resulting from accidental spills or discharges; conditions in the global economy and capital markets; our current and future levels of indebtedness and ability to service our debt; our ability to meet the covenants under our existing indebtedness; our ability to generate cash flows from operations; and those discussed in our Annual Report on Form 10-K, under Part I, Item 1A —"Risk Factors" and elsewhere in our other reports, filings and furnishings made with the U.S. Securities and Exchange Commission from time to time. As a result of these or other factors, our actual results, performance or achievements may differ materially from those contemplated by the forward-looking statements. Therefore, we caution you against relying on any of these forward-looking statements. The forward-looking statements included in this press release are made only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law.

Trinseo

Bee van Kessel

Tel: +41 44 718 3685

Email: bvankessel@trinseo.com

Source: Trinseo

FAQ

What is Trinseo's (TSE) dividend amount for Q1 2025?

Trinseo (TSE) announced a quarterly dividend of $0.01 per share for Q1 2025.

When is Trinseo's (TSE) next dividend payment date?

Trinseo's next dividend payment date is January 23, 2025.

What is the record date for Trinseo's (TSE) January 2025 dividend?

The record date for Trinseo's January 2025 dividend is January 9, 2025.

How often does Trinseo (TSE) pay dividends?

Trinseo pays dividends on a quarterly basis.

Trinseo PLC

NYSE:TSE

TSE Rankings

TSE Latest News

TSE Stock Data

117.89M
33.61M
4.71%
66.4%
2.28%
Specialty Chemicals
Plastic Materials, Synth Resins & Nonvulcan Elastomers
Link
United States of America
WAYNE