Back to TRS overview

TRS Trimas dividend history, payout ratio & dates

Trimas's last quarterly dividend of $0.04 per share was on May 6, 2024 (ex-date). The annualized dividend payment of $0.16 per share represents a current dividend yield of 0.62%.

Key dates

  • TRS last dividend date: May 6, 2024
  • TRS next dividend date: Not announced
TRS dividend stats
DPS
$0.16
Dividend yield
0.62%
Payout ratio
16.2%
vs. Industrials sector
Dividend yield
1.41%
Payout ratio
32.2%

Dividend yield

What is Trimas current dividend yield

Trimas's dividend yield of 0.62% is below the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 1.41%, Trimas's dividend yield is 56% lower.

Dividend history

What is TRS dividend payout history and dates

Trimas has a history of paying dividends since 2021. Our records of TRS show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. But with the stock price up by 0.9% from a year ago, the dividend yield has decreased by 0.3%.

Recent dividends

Ex-date Payment date Declared on Amount Type
May 6, 2024 May 14, 2024 Apr 23, 2024 $0.04 normal
Feb 29, 2024 Mar 8, 2024 Feb 19, 2024 $0.04 normal
Nov 1, 2023 Nov 9, 2023 Oct 19, 2023 $0.04 normal
Aug 2, 2023 Aug 10, 2023 Jul 20, 2023 $0.04 normal
May 3, 2023 May 11, 2023 Apr 20, 2023 $0.04 normal
Mar 1, 2023 Mar 9, 2023 Feb 16, 2023 $0.04 normal
Nov 2, 2022 Nov 10, 2022 Oct 20, 2022 $0.04 normal
Aug 3, 2022 Aug 11, 2022 Jul 21, 2022 $0.04 normal
May 4, 2022 May 12, 2022 Apr 21, 2022 $0.04 normal
Mar 3, 2022 Mar 11, 2022 Feb 18, 2022 $0.04 normal
Nov 2, 2021 Nov 10, 2021 Oct 21, 2021 $0.04 normal

Trimas dividend payout ratio

What is Trimas dividend payout ratio compared to the sector

Payout ratio

Trimas's payout ratio of 16.2% is below the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 32.2%, Trimas's payout ratio is 50% lower.

Total amount of dividends paid per financial year (from cash flow)

TRS dividend vs peer dividends

How does TRS dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
GEF Greif Inc 3.4% $2.08 44.3%
CMI Cummins Inc 2.43% $6.72 49%
WOR Worthington Industries Inc 1.9% $0.96 17.2%
GD General Dynamics Corp 1.8% $5.38 43.4%
ATR Aptargroup Inc 1.12% $1.64 34.5%
GM General Motors Co 0.88% $0.42 5.1%
NPO Enpro Industries Inc 0.81% $1.18 N/A
TRS Trimas Corp 0.62% $0.16 16.2%
GE General Electric Co 0.32% $0.52 16.8%

Frequently asked questions

Does Trimas pay a dividend?

Yes, Trimas has been paying dividends for the last three years.

When is Trimas's next dividend?

At this point we don't have a record of TRS's next dividend date, but based on the current dividend schedule we project that it will likely be in August 2024.

When was TRS's last dividend?

Trimas's last dividend ex-date was on May 6, 2024. The dividend amount was $0.04 per share.

How much dividend does Trimas pay (per share)?

TRS's annualized dividend per share is $0.16.

What is Trimas's dividend yield?

Trimas's current dividend yield is 0.62%.

How often does Trimas pay dividends?

Trimas pays four dividends per year.

What is Trimas's dividend payout ratio?

Trimas's dividend payout ratio is 16.2%.

Does Trimas pay a good dividend?

Trimas's dividend yield is below the Industrials sector average.