TriMas Corporation designs, develops, manufactures, and sells products for consumer products, aerospace, and industrial markets worldwide. It operates through three segments: Packaging, Aerospace, and Specialty Products. The Packaging segment offers dispensing products, such as foaming and sanitizer pumps, lotion and hand soap pumps, beverage dispensers, perfume sprayers, and nasal and trigger sprayers; polymeric and steel caps and closures comprising food lids, flip-top and beverage closures, child resistance caps, drum and pail closures, flexible spouts, and agricultural closures; polymeric jar products; integrated dispensers; bag-in-box products; aseptic closures; industrial closures and flex spouts; custom injection molded components and devices; various injection molded products; and single-bodied and assembled caps and closures under the Rieke, Taplast, Affaba & Ferrari, Stolz, Omega, and Rapak brands. The Aerospace segment provides fasteners, collars, blind bolts, rivets, ducting, and connectors for air management systems, and machined parts and components to original equipment manufacturers, supply chain distributors, MRO/aftermarket providers, and tier one suppliers; and military and defense aerospace applications and platforms under the Monogram Aerospace Fasteners, Allfast Fastening Systems, Mac Fasteners, TFI Aerospace, RSA Engineered Products, and Martinic Engineering brands. The Specialty Products segment offers steel cylinders for use in the transportation, storage, and dispensing of compressed gases under the Norris Cylinder brand; natural gas powered wellhead engines, compressors, and replacement parts for oil and natural gas production, and other industrial and commercial markets under the Arrow brand; and spare parts for various industrial engines. The company sells its products through a direct sales force, third-party agents, and distributors. TriMas Corporation was incorporated in 1986 and is headquartered in Bloomfield Hills, Michigan.
TriMas Dividend Announcement
• TriMas announced a quarterly dividend of $0.04 per ordinary share which will be made payable on 2024-11-12. Ex dividend date: 2024-11-05
• TriMas annual dividend for 2024 was $0.16
• TriMas annual dividend for 2023 was $0.16
• TriMas's trailing twelve-month (TTM) dividend yield is 0.59%
• TriMas's payout ratio for the trailing twelve months (TTM) is 25.08%
TriMas Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-05 | $0.04 | quarterly | 2024-11-12 |
| 2024-08-06 | $0.04 | quarterly | 2024-08-13 |
| 2024-05-06 | $0.04 | quarterly | 2024-05-14 |
| 2024-02-29 | $0.04 | quarterly | 2024-03-08 |
| 2023-11-01 | $0.04 | quarterly | 2023-11-09 |
| 2023-08-02 | $0.04 | quarterly | 2023-08-10 |
| 2023-05-03 | $0.04 | quarterly | 2023-05-11 |
| 2023-03-01 | $0.04 | quarterly | 2023-03-09 |
| 2022-11-02 | $0.04 | quarterly | 2022-11-10 |
| 2022-08-03 | $0.04 | quarterly | 2022-08-11 |
| 2022-05-04 | $0.04 | quarterly | 2022-05-12 |
| 2022-03-03 | $0.04 | quarterly | 2022-03-11 |
| 2021-11-02 | $0.04 | quarterly | 2021-11-10 |
TriMas Dividend per year
TriMas Dividend growth
TriMas Dividend Yield
TriMas current trailing twelve-month (TTM) dividend yield is 0.59%. Interested in purchasing TriMas stock? Use our calculator to estimate your expected dividend yield:
TriMas Financial Ratios
P/E ratio41.29
PEG ratio-4.01
P/B ratio1.61
ROE3.91%
Payout ratio25.08%
Current ratio2.83
Quick ratio1.44
Cash Ratio0.17
TriMas Dividend FAQ
How much is the next TriMas dividend?
TriMas's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next TriMas dividend. The next TriMas dividend will be released in March, May, August, or November.
When is TriMas dividend paid?
TriMas pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does TriMas pay?
The specific amount of TriMas dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find TriMas's dividend history.
Does TriMas stock pay dividends?
Yes, TriMas does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find TriMas's dividend history.
How much dividend does TriMas pay?
TriMas paid $0.16 in 2024, $0.16 in 2023, $0.16 in 2022, $0.04 in 2021, and $0.0 in 2020.
How often does TriMas pay dividends?
TriMas typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, May, August, and November.
What is TriMas's dividend yield?
The current dividend yield for TriMas is 0.59%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate TriMas's exact dividend yield.
When does TriMas go ex dividend?
TriMas's ex-dividend date for the latest dividend was on 2024-11-05. TriMas typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next TriMas dividend paid?
TriMas pays dividends on a quarterly basis, typically around March, May, August, or November, but the exact dates can vary each year.
Will TriMas increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether TriMas will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is TriMas dividend per share?
TriMas paid $0.16 per share in 2024 and $0.16 per share in 2023. The amount of dividend per share that TriMas pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is TriMas a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is TriMas a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is TriMas a dividend stock?
Yes, TriMas is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is TriMas a good dividend stock?
Whether TriMas is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. TriMas has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating TriMas as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating TriMas as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does TriMas pay dividends monthly?
TriMas typically pays dividends on a quarterly basis.
Does TriMas pay dividends quarterly?
TriMas currently pays dividends on a quarterly basis.
Has TriMas ever paid a dividend?
Yes, TriMas has a history of paying dividends to its shareholders. TriMas is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy TriMas dividend stocks?
To buy TriMas you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy TriMas stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy TriMas stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does TriMas pay dividends 2024?
TriMas pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-12. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will TriMas increase its dividend in 2024?
Decisions regarding TriMas dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date TriMas dividend overview you can look into the above table of dividend history.
How TriMas dividend works?
The TriMas dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how TriMas's dividend process works:
1. Determination of Dividend: TriMas's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, TriMas publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, TriMas distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from TriMas are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: TriMas's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, TriMas publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, TriMas distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from TriMas are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are TriMas dividends paid?
TriMas dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: TriMas sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, TriMas distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TriMas declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: TriMas sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, TriMas distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TriMas declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does TriMas pay dividends?
TriMas typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does TriMas pay dividends?
The general pattern is that TriMas pays dividends around March, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is TriMas dividend safe?
The safety of TriMas's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of TriMas's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review TriMas's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of TriMas's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review TriMas's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.