TriMas Corporation (TRS) To Go Ex-Dividend on August 6th

TriMas Corporation (NASDAQ:TRS – Get Free Report) announced a quarterly dividend on Wednesday, July 22nd. Shareholders of record on Thursday, August 6th will be given a dividend of 0.04 per share by the industrial products company on Thursday, August 13th. This represents a c) dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Thursday, August 6th.

TriMas has a dividend payout ratio of 7.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect TriMas to earn $2.17 per share next year, which means the company should continue to be able to cover its $0.16 annual dividend with an expected future payout ratio of 7.4%.

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TriMas Trading Up 1.3%

TRS opened at $40.44 on Tuesday. TriMas has a 1-year low of $30.43 and a 1-year high of $45.42. The company has a current ratio of 4.85, a quick ratio of 4.50 and a debt-to-equity ratio of 0.27. The company has a market cap of $1.45 billion, a P/E ratio of 1.68 and a beta of 0.60. The company has a fifty day moving average price of $41.29 and a two-hundred day moving average price of $38.46.

TriMas (NASDAQ:TRS – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The industrial products company reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.03. The company had revenue of $174.58 million for the quarter, compared to analysts’ expectations of $178.44 million. TriMas had a net margin of 104.22% and a return on equity of 7.22%. The business’s revenue was down 36.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.61 EPS. TriMas has set its FY 2026 guidance at 1.600-1.700 EPS. Analysts predict that TriMas will post 1.67 EPS for the current fiscal year.

About TriMas

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TriMas Corporation is a diversified industrial company headquartered in Bloomfield Hills, Michigan. Established in 1980, TriMas has built a global reputation for designing and manufacturing specialized products that serve a wide array of end markets. The company operates through multiple segments, each focused on high-demand niches where engineered solutions and rigorous quality standards are essential.

The Packaging segment supplies closures, dispensing systems and related components for the personal care, household chemicals, food and beverage, and pharmaceutical markets.

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