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 0.59%.
Trimas's dividend yield of 0.59% 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 58% lower.
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 down by 4.9% from a year ago, the dividend yield has increased by 4.9%.
| 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's payout ratio of 16.2% is below the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 32.7%, Trimas's payout ratio is 50% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| GEF Greif Inc | 3.19% | $2.08 | 44.3% |
| CMI Cummins Inc | 2.31% | $6.72 | 49% |
| WOR Worthington Industries Inc | 1.89% | $0.96 | 17.2% |
| GD General Dynamics Corp | 1.89% | $5.48 | 42.2% |
| ATR Aptargroup Inc | 1.15% | $1.68 | 35.3% |
| GM General Motors Co | 0.95% | $0.42 | 4.7% |
| NPO Enpro Industries Inc | 0.69% | $1.18 | N/A |
| TRS Trimas Corp | 0.58% | $0.16 | 16.2% |
| GE General Electric Co | 0.42% | $0.72 | 16.9% |
Yes, Trimas has been paying dividends for the last three years.
TRS's next dividend is scheduled on Aug 6, 2024 (ex-date).
Trimas's last dividend ex-date was on May 6, 2024. The dividend amount was $0.04 per share.
TRS's annualized dividend per share is $0.16.
Trimas's current dividend yield is 0.59%.
Trimas pays four dividends per year.
Trimas's dividend payout ratio is 16.2%.
Trimas's dividend yield is below the Industrials sector average.