Trinseo Plc dividend calculator – TRINSEO PLC Shareholders to Receive Reduced Dividend of $0.01 on July 20th
July 7, 2023
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Trinseo ($NYSE:TSE) PLC, a leading global materials solutions provider and manufacturer of plastics, latex binders, and synthetic rubber, has announced that its shareholders will receive a dividend of $0.01 per share on July 20th. This dividend is lower than the $0.02 dividend per share paid in the previous year. Trinseo PLC is a publicly traded company listed on the New York Stock Exchange and the Frankfurt Stock Exchange. The company produces a wide range of products for various industries including automotive, consumer electronics, medical, and construction. Its products are manufactured in facilities across the globe, including locations in Europe, North America, and Asia.
The reduced dividend payment of $0.01 per share is intended to ensure that Trinseo PLC can continue to operate and invest in new projects. It is hoped that this reduction will enable the company to remain competitive and continue to provide their customers with quality materials solutions in the future. Shareholders will still be able to benefit from the long-term growth of the company, as their dividends will increase when the company begins to generate more profits.
Dividends – Trinseo Plc dividend calculator
TRINSEO PLC recently announced that its shareholders will receive a reduced dividend of $0.01 on July 20th. This marks a drastic change from the company’s dividend payment history over the last three years, which saw shareholders receive annual dividends of 1.1, 1.28, and 0.8 USD per share. The dividend yields for TRINSEO PLC over the 2021-2023 period are expected to be 3.52%, 3.0%, and 1.03% respectively, with a weighted average dividend yield of 2.52%. Therefore, if you are interested in investing in dividend stocks, TRINSEO PLC may be worth considering.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Trinseo Plc. More…
| Total Revenues | Net Income | Net Margin |
| 4.58k | -496.5 | -5.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Trinseo Plc. More…
| Operations | Investing | Financing |
| 93.9 | -138.8 | -183.6 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Trinseo Plc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.74k | 3.37k | 10.71 |
Key Ratios Snapshot
Some of the financial key ratios for Trinseo Plc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 8.2% | 11.6% | -9.7% |
| FCF Margin | ROE | ROA |
| -1.1% | -69.9% | -7.4% |
Stock Price
The company’s share price opened at $13.1 and closed at $12.9, representing a decline of 2.0% from the prior closing price of 13.2. The reduced dividend is the result of a recent strategic decision to prioritize capital investments and reduce stockholder payouts. This decision is in keeping with the company’s commitment to creating long-term value for its shareholders. As the company continues to invest in new endeavors and projects, shareholders can expect further reductions in dividends in the near future. Live Quote…
Analysis
GoodWhale has conducted an analysis of TRINSEO PLC‘s fundamentals and, using our Star Chart, we have classified it as a ‘cow’, a type of company which we conclude has the track record of paying out consistent and sustainable dividends. We believe that this type of company will be of particular interest to value investors, who are looking for a stable return on their investments. In terms of its financial health, TRINSEO PLC is strong in asset and dividend, medium in profitability and weak in growth. The company is also rated with an intermediate health score of 6/10, based on its cash flows and debt. This indicates that TRINSEO PLC is likely to pay off its debt and fund future operations. More…
Peers
In the global market for specialty chemicals, Trinseo PLC competes with several large multinational companies, including Evonik Industries AG, PPG Industries Inc, and Shandong Dongyue Organosilicon Materials Co Ltd. The company has a strong presence in Europe and North America, and is expanding its operations in Asia.
– Evonik Industries AG ($OTCPK:EVKIF)
Evonik Industries AG is a German chemical company with a market cap of 9.4 billion as of 2022. The company’s return on equity is 8.43%. Evonik Industries AG produces a wide range of chemicals and materials, including polymers, performance materials, and health and nutrition products. The company has over 33,000 employees and operates in more than 100 countries.
– PPG Industries Inc ($NYSE:PPG)
PPG Industries, Inc., is an American Fortune 500 company and global supplier of paints, coatings, and specialty materials. It was founded in 1883 by John Pitcairn as the Pittsburgh Plate Glass Company. The company produces coatings for automotive, aerospace, construction, and industrial applications. PPG’s headquarters are located in Pittsburgh, Pennsylvania.
– Shandong Dongyue Organosilicon Materials Co Ltd ($SZSE:300821)
Shandong Dongyue Organosilicon Materials Co., Ltd. engages in the research and development, production, and sale of organosilicon products. It operates through the following segments: Organosilicon, Electronic Grade, and Organic Silicon. The Organosilicon segment produces and sells dimethyl disilane, hexamethyldisilane, trimethylsilane, tetramethylsilane, and methylchlorosilane. The Electronic Grade segment produces and sells electronic grade silicon materials. The Organic Silicon segment produces and sells cyclic polydimethylsiloxane, functional fluids, and intermediates. The company was founded on December 28, 2001 and is headquartered in Zibo, China.
Summary
Trinseo PLC is an investment option with a history of positive long-term returns. Despite issuing a smaller dividend this year of $0.01, it has a long history of paying dividends and its recent stock performance has been solid. Investors who are looking for a steady return may find Trinseo PLC to be a good option as it also provides exposure to the specialty chemicals market.
Additionally, it has experienced growth in earning per share over the last twelve months and strong analyst ratings. The company offers a robust portfolio of specialty materials and chemicals, including polystyrene, styrene monomers, latex, and synthetic rubber products. Overall, Trinseo PLC is an attractive investment opportunity with long-term potential.
