Trinseo S.A. (NYSE:TSE) declared a quarterly dividend on Thursday, June 20th, Zacks reports. Investors of record on Thursday, July 11th will be given a dividend of 0.40 per share by the basic materials company on Thursday, July 25th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.94%. The ex-dividend date of this dividend is Wednesday, July 10th.
Trinseo stock opened at $40.60 on Monday. The company has a quick ratio of 2.05, a current ratio of 2.81 and a debt-to-equity ratio of 1.61. Trinseo has a 12-month low of $36.65 and a 12-month high of $82.18. The company’s fifty day moving average is $39.90. The firm has a market cap of $1.66 billion, a P/E ratio of 7.32, a PEG ratio of 0.56 and a beta of 2.09.
Trinseo (NYSE:TSE) last released its earnings results on Thursday, May 2nd. The basic materials company reported $1.09 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.07 by $0.02. Trinseo had a net margin of 4.61% and a return on equity of 30.47%. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the previous year, the company earned $2.76 EPS. Trinseo’s quarterly revenue was down 9.7% compared to the same quarter last year. On average, analysts anticipate that Trinseo will post 6.03 earnings per share for the current fiscal year.
In other news, insider Catherine C. Keenan sold 12,264 shares of the company’s stock in a transaction on Monday, June 3rd. The shares were sold at an average price of $38.17, for a total value of $468,116.88. Following the completion of the sale, the insider now owns 15,901 shares in the company, valued at approximately $606,941.17. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Catherine C. Keenan sold 5,050 shares of the company’s stock in a transaction on Thursday, May 30th. The stock was sold at an average price of $38.41, for a total transaction of $193,970.50. Following the completion of the sale, the insider now owns 15,901 shares of the company’s stock, valued at approximately $610,757.41. The disclosure for this sale can be found here. In the last quarter, insiders sold 19,396 shares of company stock valued at $754,861. Company insiders own 1.80% of the company’s stock.
Trinseo Company Profile
Trinseo SA, a materials company, manufactures and markets synthetic rubber, latex binders, and plastic products in Europe, the United States, the Asia-Pacific, and internationally. The company operates through six segments: Latex Binders, Synthetic Rubber, Performance Plastics, Polystyrene, Feedstocks, and Americas Styrenics.
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