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TriMas (TriMas) Dividend Yield % : 0.62% (As of Apr. 26, 2024)


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What is TriMas Dividend Yield %?

As of today (2024-04-26), the Trailing Annual Dividend Yield of TriMas is 0.62%.

The historical rank and industry rank for TriMas's Dividend Yield % or its related term are showing as below:

TRS' s Dividend Yield % Range Over the Past 10 Years
Min: 0.11   Med: 0.59   Max: 0.68
Current: 0.62

During the past 13 years, the highest Dividend Yield of TriMas was 0.68%. The lowest was 0.11%. And the median was 0.59%.

TRS's Dividend Yield % is ranked worse than
87.01% of 254 companies
in the Packaging & Containers industry
Industry Median: 2.435 vs TRS: 0.62

TriMas's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.18.

During the past 13 years, the highest Dividend Payout Ratio of TriMas was 0.16. The lowest was 0.03. And the median was 0.14.

As of today (2024-04-26), the Forward Dividend Yield % of TriMas is 0.62%.

TriMas's Dividends per Share for the three months ended in Dec. 2023 was $0.04.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


TriMas Dividend Yield % Historical Data

The historical data trend for TriMas's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TriMas Dividend Yield % Chart

TriMas Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.11 0.58 0.63

TriMas Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.58 0.57 0.58 0.65 0.63

Competitive Comparison of TriMas's Dividend Yield %

For the Packaging & Containers subindustry, TriMas's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TriMas's Dividend Yield % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, TriMas's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where TriMas's Dividend Yield % falls into.



TriMas Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

TriMas Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0402024-02-292024-03-012024-03-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.0402023-11-012023-11-022023-11-09Cash DividendquarterlyUSD:USD 1.000000
USD 0.0402023-08-022023-08-032023-08-10Cash DividendquarterlyUSD:USD 1.000000
USD 0.0402023-05-032023-05-042023-05-11Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

TriMas's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.16/25.93
=0.62 %

Current Share Price is $25.93.
TriMas's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.16.

TriMas's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.16/25.93
=0.62 %

Current Share Price is $25.93.
TriMas's Dividends per Share for the forward twelve months is calculated as $0.04 * 4 = $0.16.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TriMas  (NAS:TRS) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


TriMas Dividend Yield % Related Terms

Thank you for viewing the detailed overview of TriMas's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


TriMas (TriMas) Business Description

Traded in Other Exchanges
Address
38505 Woodward Avenue, Suite 200, Bloomfield Hills, MI, USA, 48304
TriMas Corp is a United States-based company that designs, manufactures, and distributes engineered and applied products. The company operates through three segments. The packaging segment manufactures and distributes closure and dispensing systems. The aerospace segment supplies blind bolts, fasteners, rivets, and other products for the aerospace industry. The specialty product segment manufactures and distributes steel cylinders, wellhead engines, compression systems, industrial sealing, and fasteners.
Executives
Teresa M. Finley director 927 STOVALL BOULEVARD NE, ATLANTA GA 30319
Daniel P Tredwell director 177 BROAD STREET, 10TH FLOOR, STAMFORD CT 06901
Scott A Mell officer: Chief Financial Officer 4884 CIDER HILL DRIVE, ROCHESTER MI 48306
Jodi F. Robin officer: General Counsel and Secretary 38505 WOODWARD AVENUE, BLOOMFIELD HILLS MI 48304
Paul Swart other: Chief Accounting Officer 38505 WOODWARD AVENUE, STE. 200, BLOOMFIELD HILLS MI 48304
Jeffrey A Fielkow director 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Samuel Iii Valenti director, officer: Chairman 39400 WOODWARD AVENUE, SUITE 100, BLOOMFIELD HILLS MI 48304
Thomas A Amato director, officer: President and CEO 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Salik Fabio Leandro Matheus officer: President, TriMas Packaging 3012 FOREST CREEK CT., NAPERVILLE IL 60565
John Philip Schaefer officer: President, TriMas Aerospace 27411 VALDERAS, MISSION VIEJO CA 92691
Jeffrey M Greene director 4990 OLDE TOWNE WAY, MARIETTA GA 30068
Robert J Zalupski officer: Vice President & Treasurer 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Joshua A Sherbin officer: Vice President & Secretary 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Herbert K Parker director 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Holly M Boehne director 6955 BLACK DUCK DRIVE, LINO LAKES MN 55014

TriMas (TriMas) Headlines

From GuruFocus

TriMas Declares Quarterly Dividend

By Business Wire Business Wire 04-20-2023

TriMas Releases Third Annual Sustainability Report

By Business Wire Business Wire 06-21-2023

TriMas Announces Agreement to Acquire Weldmac

By Business Wire Business Wire 02-23-2023

Insider Alert: An Insider Just Sold TriMas Corp Shares

By GuruFocus Research GuruFocus Editor 05-16-2023