Trinseo suspends quarterly dividend, expects $1.5 million in annual savings
Trinseo PLC (NYSE:TSE) announced Friday that its board of directors has voted to indefinitely suspend the company’s quarterly dividend of $0.01 per share. According to a statement in the company’s U.S. Securities and Exchange Commission filing, the suspension is expected to result in annual savings of approximately $1.5 million.
The decision was disclosed under Regulation FD Disclosure in a Form 8-K submitted to the SEC. The filing did not provide additional details regarding the timing or rationale for the suspension.
Trinseo, incorporated in Ireland and headquartered in Wayne, Pennsylvania, is listed on the New York Stock Exchange.
In other recent news, Trinseo SA reported its earnings for the second quarter of 2025, revealing a significant earnings miss. The company posted an earnings per share (EPS) of -$2.12, which fell short of the forecasted -$1.52, representing a 39.47% negative surprise. Despite the earnings miss, Trinseo’s revenue slightly exceeded expectations, coming in at $784 million compared to the projected $765 million.
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