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Trinseo Announces Quarterly Dividend of $0.01 Per Share

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Trinseo (NYSE: TSE), a specialty material solutions provider, has announced a quarterly dividend of $0.01 per share. The dividend will be distributed as cash to shareholders of record at the close of business on October 10, 2024. The payment is scheduled for October 24, 2024. This announcement comes from the company's Board of Directors, who have authorized this quarterly dividend.

Trinseo (NYSE: TSE), un fornitore di soluzioni in materiali specializzati, ha annunciato un dividendo trimestrale di $0,01 per azione. Il dividendo sarà distribuito in contante agli azionisti registrati alla chiusura delle operazioni il 10 ottobre 2024. Il pagamento è previsto per il 24 ottobre 2024. Questa comunicazione proviene dal Consiglio di Amministrazione dell'azienda, che ha autorizzato questo dividendo trimestrale.

Trinseo (NYSE: TSE), un proveedor de soluciones de materiales especiales, ha anunciado un dividendo trimestral de $0,01 por acción. El dividendo se distribuirá en efectivo a los accionistas registrados al cierre de operaciones el 10 de octubre de 2024. El pago está programado para el 24 de octubre de 2024. Este anuncio proviene de la Junta Directiva de la empresa, que ha autorizado este dividendo trimestral.

Trinseo (NYSE: TSE), 전문 재료 솔루션 제공업체가 주당 $0.01의 분기 배당금을 발표했습니다. 이 배당금은 2024년 10월 10일 업무 종료 시 점검된 주주에게 현금으로 지급됩니다. 지급일은 2024년 10월 24일로 예정되어 있습니다. 이번 발표는 분기 배당금을 승인한 회사 이사회에서 나온 것입니다.

Trinseo (NYSE: TSE), un fournisseur de solutions en matériaux spécialisés, a annoncé un dividende trimestriel de 0,01 $ par action. Le dividende sera distribué en espèces aux actionnaires enregistrés à la clôture des affaires le 10 octobre 2024. Le paiement est prévu pour le 24 octobre 2024. Cette annonce émane du Conseil d'Administration de l'entreprise, qui a autorisé ce dividende trimestriel.

Trinseo (NYSE: TSE), ein Anbieter von Spezialmateriallösungen, hat eine vierteljährliche Dividende von $0,01 pro Aktie angekündigt. Die Dividende wird als Bargeld an die zum Abschluss der Geschäfte am 10. Oktober 2024 eingetragenen Aktionäre ausgezahlt. Die Zahlung ist für den 24. Oktober 2024 geplant. Diese Bekanntmachung stammt vom Vorstand des Unternehmens, der diese vierteljährliche Dividende genehmigt hat.

Positive
  • Consistent dividend payment indicates financial stability
  • Dividend provides income for shareholders
Negative
  • Low dividend amount of $0.01 per share may indicate financial constraints

WAYNE, Pa.--(BUSINESS WIRE)-- Trinseo (NYSE: TSE), a specialty material solutions provider, today announced that its Board of Directors authorized a quarterly dividend of $0.01 per share. The dividend will be a cash distribution payable on October 24, 2024, to shareholders of record as of the close of business on October 10, 2024.

About Trinseo

Trinseo (NYSE: TSE), a specialty material solutions provider, partners with companies to bring ideas to life in an imaginative, smart, and sustainably focused manner by combining its premier expertise, forward-looking innovations, and best-in-class materials to unlock value for companies and consumers.

From design to manufacturing, Trinseo taps into decades of experience in diverse material solutions to address customers’ unique challenges in a wide range of industries, including building and construction, consumer goods, medical and mobility.

Trinseo’s approximately 3,100 employees bring endless creativity to reimagining the possibilities with clients all over the world from the company’s locations in North America, Europe, and Asia Pacific. Trinseo reported net sales of approximately $3.7 billion in 2023. Discover more by visiting www.trinseo.com and connecting with Trinseo on LinkedIn, Twitter, Facebook, and WeChat.

Cautionary Note on Forward-Looking Statements

This press release may contain forward-looking statements including, without limitation, statements concerning plans, objectives, goals, projections, forecasts, strategies, future events or performance, and underlying assumptions and other statements, which are not statements of historical facts or guarantees or assurances of future performance. Forward-looking statements may be identified by the use of words like “expect,” “anticipate,” “believe,” “intend,” “forecast,” “outlook,” “will,” “may,” “might,” “see,” “tend,” “assume,” “potential,” “likely,” “target,” “plan,” “contemplate,” “seek,” “attempt,” “should,” “could,” “would” or expressions of similar meaning. Forward-looking statements reflect management’s evaluation of information currently available and are based on our current expectations and assumptions regarding our business, the economy, our current indebtedness, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Factors that might cause future results to differ from those expressed by the forward-looking statements include, but are not limited to, our ability to successfully implement proposed restructuring initiatives and to successfully generate cost savings through restructuring and cost reduction initiatives; our ability to successfully execute our business and transformation strategy; increased costs or disruption in the supply of raw materials; deterioration of our credit profile limiting our access to commercial credit; increased energy costs; compliance with laws and regulations impacting our business; any disruptions in production at our chemical manufacturing facilities, including those resulting from accidental spills or discharges; conditions in the global economy and capital markets; our current and future levels of indebtedness and ability to service our debt; our ability to meet the covenants under our existing indebtedness; our ability to generate cash flows from operations; and those discussed in our Annual Report on Form 10-K, under Part I, Item 1A —"Risk Factors" and elsewhere in our other reports, filings and furnishings made with the U.S. Securities and Exchange Commission from time to time. As a result of these or other factors, our actual results, performance or achievements may differ materially from those contemplated by the forward-looking statements. Therefore, we caution you against relying on any of these forward-looking statements. The forward-looking statements included in this press release are made only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law.

Trinseo

Andy Myers

Tel: +1 610-240-3221

Email: aemyers@trinseo.com

Source: Trinseo

FAQ

What is the dividend amount announced by Trinseo (TSE) for Q4 2024?

Trinseo (TSE) has announced a quarterly dividend of $0.01 per share for Q4 2024.

When is the payment date for Trinseo's (TSE) Q4 2024 dividend?

The payment date for Trinseo's (TSE) Q4 2024 dividend is October 24, 2024.

What is the record date for Trinseo's (TSE) Q4 2024 dividend?

The record date for Trinseo's (TSE) Q4 2024 dividend is October 10, 2024, at the close of business.

How frequently does Trinseo (TSE) pay dividends?

Based on the announcement of a quarterly dividend, Trinseo (TSE) appears to pay dividends on a quarterly basis.

Trinseo PLC

NYSE:TSE

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Specialty Chemicals
Plastic Materials, Synth Resins & Nonvulcan Elastomers
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United States of America
WAYNE