WAYNE, PA — Trinseo (NYSE: TSE), a leading provider of specialty material solutions, declared that its Board of Directors has approved a quarterly dividend of $0.01 per share. This cash distribution will be payable to shareholders as of the close of business on April 4, 2024, with the payment date set for April 18, 2024.
This announcement from Trinseo underscores the company’s commitment to returning capital to shareholders, even as it continues to invest in innovative material solutions aimed at unlocking value for companies and consumers alike.
Trinseo partners with organizations to bring their ideas to life in novel, intelligent, and sustainably focused ways. Armed with premier expertise, forward-thinking innovations, and top-tier materials, the company is uniquely positioned to address the unique challenges presented by a broad spectrum of industries.
The company’s reach extends to sectors as diverse as building and construction, consumer goods, medical, and mobility. In each of these areas, Trinseo leverages decades of experience in material solutions to meet the specific needs of their customers.
With a global workforce of approximately 3,100 employees, Trinseo fosters a culture of creativity and innovation. These talented individuals work tirelessly to reimagine the possibilities alongside clients from all corners of the world. The company operates from multiple locations across North America, Europe, and Asia Pacific.
In 2023, Trinseo reported net sales of approximately $3.7 billion, reflecting the strength of its business model and the robust demand for its specialty material solutions. As the company moves forward, it remains committed to delivering value for its shareholders while continuing to unlock new opportunities within its target markets.
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