Trinseo's last quarterly dividend of $0.32 per share was on Jul 6, 2022 (ex-date). The annualized dividend payment of $1.28 per share represents a current dividend yield of 6.44%.
TSE has a dividend yield of 6.44% which is above the Basic Materials sector and the industry average. Compared to its Basic Materials sector average of 2.11%, Trinseo's dividend yield is 205% higher. The current dividend yield is above the historical average of 3.2% of the last 5 years.
Trinseo has a history of paying dividends since 2016. Our records of TSE show that the company has distributed three quarterly dividends in the past year. The annualized dividend per share has increased by 129% for the last twelve months. And with the stock price down by 65% from a year ago, the dividend yield has increased by 548%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jul 6, 2022 | Jul 21, 2022 | Jun 15, 2022 | $0.32 | normal |
| Apr 6, 2022 | Apr 21, 2022 | Feb 17, 2022 | $0.32 | normal |
| Jan 5, 2022 | Jan 20, 2022 | Dec 2, 2021 | $0.32 | normal |
| Sep 30, 2021 | Oct 7, 2021 | Sep 21, 2021 | $0.32 | normal |
| Jul 7, 2021 | Jul 22, 2021 | Jun 17, 2021 | $0.08 | normal |
| Apr 7, 2021 | Apr 22, 2021 | Feb 18, 2021 | $0.08 | normal |
| Jan 6, 2021 | Jan 21, 2021 | Dec 16, 2020 | $0.08 | normal |
| Oct 7, 2020 | Oct 22, 2020 | Sep 24, 2020 | $0.4 | normal |
| Jul 8, 2020 | Jul 23, 2020 | Jun 10, 2020 | $0.4 | normal |
| Apr 8, 2020 | Apr 23, 2020 | Feb 26, 2020 | $0.4 | normal |
| Jan 8, 2020 | Jan 23, 2020 | Nov 21, 2019 | $0.4 | normal |
| Oct 9, 2019 | Oct 24, 2019 | Sep 25, 2019 | $0.4 | normal |
| Jul 10, 2019 | Jul 25, 2019 | Jun 20, 2019 | $0.4 | normal |
| Apr 10, 2019 | Apr 25, 2019 | Feb 27, 2019 | $0.4 | normal |
| Jan 8, 2019 | Jan 23, 2019 | Nov 29, 2018 | $0.4 | normal |
| Oct 9, 2018 | Oct 24, 2018 | Sep 27, 2018 | $0.4 | normal |
| Jul 10, 2018 | Jul 25, 2018 | Jun 21, 2018 | $0.4 | normal |
| Apr 10, 2018 | Apr 25, 2018 | Feb 22, 2018 | $0.36 | normal |
| Jan 8, 2018 | Jan 23, 2018 | Nov 29, 2017 | $0.36 | normal |
| Oct 6, 2017 | Oct 24, 2017 | Sep 21, 2017 | $0.36 | normal |
| Jul 7, 2017 | Jul 25, 2017 | Jun 22, 2017 | $0.36 | normal |
| Apr 7, 2017 | Apr 25, 2017 | Feb 21, 2017 | $0.3 | normal |
| Jan 9, 2017 | Jan 25, 2017 | Dec 1, 2016 | $0.3 | normal |
| Oct 7, 2016 | Oct 26, 2016 | Sep 28, 2016 | $0.3 | normal |
| Jul 1, 2016 | Jul 20, 2016 | Jun 22, 2016 | $0.3 | normal |
TSE has a payout ratio of 18.1% which is lower than the Basic Materials sector and the industry average. In comparison with the Basic Materials sector average of 26.9%, Trinseo's payout ratio is 33% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| TSE Trinseo SA | 6.44% | $1.28 | 18.1% |
| DOW Dow Inc | 6.01% | $2.8 | 31.2% |
| CE Celanese Corp | 2.81% | $2.72 | 15.1% |
| WLK Westlake Chemical Corp | 1.35% | $1.25 | 5.6% |
Yes, Trinseo has paid three dividends in the last twelve months. TSE has been paying dividends since 2016.
TSE's next dividend date is Oct 5, 2022 (ex-date).
Trinseo's last dividend ex-date was on Jul 6, 2022. The dividend amount was $0.32 per share.
On an annual basis TSE pays $1.28 per share.
The current dividend yield of Trinseo is 6.44%.
Trinseo pays four dividends per year.
Trinseo's dividend payout ratio is 18.1%.
Trinseo's dividend yield is above the Basic Materials sector average.