Trinseo Restructures Rewards to Shareholders Amidst Uncertainty
Portfolio Pulse from Benzinga Insights
Trinseo (NYSE:TSE) has announced a dividend payout of $0.01 per share, demonstrating an annualized dividend yield of 0.45%. The company's dividend per share and earnings per share have been declining from 2019 to 2022, which could indicate a challenging financial situation. Trinseo's dividend yield is mid-range compared to its industry peers, with Kronos Worldwide (NYSE:KRO) having the highest annualized dividend yield at 10.64%.

October 19, 2023 | 3:05 pm
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NEGATIVE IMPACT
Trinseo's dividend and earnings per share have been declining, which could indicate a challenging financial situation. This could potentially impact the company's future profit distributions to shareholders.
The decline in Trinseo's dividend per share and earnings per share from 2019 to 2022 could signify a challenging financial situation, which could potentially impact the company's future profit distributions to shareholders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Kronos Worldwide has the highest annualized dividend yield at 10.64% among Trinseo's industry peers.
Kronos Worldwide is mentioned as a comparison to Trinseo's dividend yield. It has the highest annualized dividend yield among Trinseo's industry peers, which could make it more attractive to income-seeking investors.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50