Trinseo Dividend
Dividend criteria checks 1/6
Trinseo is a dividend paying company with a current yield of 1.94%. Next payment date is on 22nd July, 2024 with an ex-dividend date of 8th July, 2024.
Key information
1.9%
Dividend yield
-0.1944%
Payout ratio
| Industry average yield | 5.2% |
| Next dividend pay date | 22 Jul 24 |
| Ex dividend date | 08 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | -€20.62 |
| Dividend yield forecast in 3Y | 1.9% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3XD has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 3XD has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
| Trinseo Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3XD) | 1.9% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Chemicals) | 5.2% |
| Analyst forecast in 3 Years (3XD) | 1.9% |
Notable Dividend: 3XD's dividend (1.94%) is higher than the bottom 25% of dividend payers in the German market (1.6%).
High Dividend: 3XD's dividend (1.94%) is low compared to the top 25% of dividend payers in the German market (4.66%).
Earnings Payout to Shareholders
Earnings Coverage: 3XD is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: 3XD is paying a dividend but the company has no free cash flows.