TriMas Declares Quarterly Dividend of $0.04 Per Share

Tuesday, Jul 22, 2025 9:03 am ET1min read

TriMas has declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The dividend is payable on August 12, 2025, to shareholders of record as of August 5, 2025. The company manufactures products for consumer products, aerospace, and industrial markets through its TriMas Packaging, TriMas Aerospace, and Specialty Products groups.

TriMas Corporation (NASDAQ: TRS) has announced a quarterly cash dividend of $0.04 per share. The dividend will be payable on August 12, 2025, to shareholders of record as of August 5, 2025. The company operates through its TriMas Packaging, TriMas Aerospace, and Specialty Products groups, manufacturing products for consumer products, aerospace, and industrial markets.

TriMas Corporation's latest earnings report, released on April 29, 2025, showed the company's stock price hitting a new 52-week high of $30.54. The stock has since traded around $30.34, with a volume of 104,624 shares. Analysts have been generally positive about the stock, with several brokerages issuing "buy" ratings and price targets [1].

TriMas has a market capitalization of $1.24 billion, a price-to-earnings ratio of 39.69, and a beta of 0.63. The stock has a 50-day moving average of $27.39 and a 200-day moving average of $24.62. The company's debt-to-equity ratio is 0.63, and its quick ratio is 1.49. Institutional investors and hedge funds own 99.42% of the company's stock [2].

Institutional investors and hedge funds have recently added to their stakes in TriMas. For example, Vanguard Group Inc. raised its stake by 2.2% in the fourth quarter, now owning 3,895,946 shares valued at $95,801,000. Bank of America Corp DE increased its stake by 127.3% during the fourth quarter, owning 3,513,638 shares worth $86,400,000 [2].

TriMas has been experiencing strong insider buying activity. Director Adrianne Shapira acquired 4,000 shares on June 5, 2025, and Director Shawn Sedaghat bought 72,937 shares on May 22, 2025. Insiders have bought a total of 971,649 shares valued at $24,585,343 over the last three months [1].

TriMas is expected to post earnings of $0.50 per share and revenue of $251.18 million for the second quarter of 2025, according to analysts. The company has set its fiscal year 2025 earnings per share (EPS) guidance at 1.700-1.850 [1].

References:
[1] https://www.marketbeat.com/instant-alerts/trimas-trs-projected-to-post-earnings-on-tuesday-2025-07-22/
[2] https://www.marketbeat.com/instant-alerts/trimas-nasdaqtrs-reaches-new-52-week-high-should-you-buy-2025-07-18/

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