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WAYNE, Pa. - Specialty material solutions provider Trinseo (NYSE:TSE), currently trading at $3.21 per share, announced Thursday that its Board of Directors has authorized a quarterly dividend of $0.01 per ordinary share, representing a 1.25% yield.
The cash distribution will be payable on July 24, 2025, to shareholders of record as of July 10, 2025, according to a company press release.
Trinseo, which partners with companies across industries including building and construction, consumer goods, medical and mobility, reported net sales of approximately $3.5 billion in 2024.
The company operates from locations across North America, Europe, and Asia Pacific, offering material solutions that combine expertise and innovation to address customer challenges.
The quarterly dividend announcement comes as part of the company’s regular shareholder return program. Trinseo continues to manage its operations while navigating challenges in the global economy and raw material markets.
The dividend represents a consistent, though modest, return to shareholders as the company balances financial commitments with ongoing business operations, while managing a significant debt burden with total debt of $2.5 billion as of the latest quarter.
In other recent news, Trinseo SA reported its first-quarter 2025 earnings, revealing an earnings per share (EPS) of -1.37, which exceeded the forecast of -1.64. Despite this positive EPS outcome, the company missed revenue expectations, reporting $785 million against a projected $912.5 million. This revenue shortfall has raised concerns among investors, leading to the withdrawal of Trinseo’s full-year 2025 guidance due to market uncertainty. The company did, however, provide guidance for the second quarter, forecasting adjusted EBITDA between $55 million and $70 million and anticipating breakeven free cash flow. Operational improvements were noted, with adjusted EBITDA increasing for the seventh consecutive quarter to $65 million, a $20 million rise from the previous year. Trinseo’s management expressed optimism about the company’s restructuring and transformation strategy, emphasizing growth in specialty and sustainable offerings. Despite the challenges, the company remains focused on navigating uncertain business conditions with confidence in its strategic direction.
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