TriMas Corp. (TRS) Declares $0.04 Quarterly Dividend; 0.5% Yield

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Go back to TriMas Corp. (TRS) Declares $0.04 Quarterly Dividend; 0.5% Yield

TriMas Announces Initiation of Dividend

October 21, 2021 8:00 AM EDT

Provides Additional Element to its Long-term Capital Allocation Strategy

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)-- TriMas (NASDAQ: TRS) today announced that its Board of Directors has approved the payment of a cash dividend of $0.04 per share of TriMas Corporation stock which will be payable on November 10, 2021, to shareholders of record as of the close of business on November 3, 2021. With the initiation of a cash dividend, TriMas intends to pay regular quarterly dividends, with future dividend payments subject to review and approval by its Board of Directors.

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