TriMas Corporation (TRS) Dividends
TRS Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $24.59 | $1.1 | -96.63% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. Regarding Trimas Corp, the DDM model, as implemented by StockNews, implies a negative return of 96.63% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Trimas Corp are:
- Given its market cap of around 1 billion US dollars, this puts the stock in the small-sized market cap class, and its dividend yield is greater than only 2.41% of dividend yielding stocks in the same market cap class.
- Compared to other dividend issuers in the small-sized market cap category, TRS has a beta lower than only 13.33% of them.
- Regarding its relative worth based on the dividend discount model, Trimas Corp's estimated return of -96.63% surpasses about only 1.27% of dividend issuers we applied the dividend discount model to.
TRS Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-11-05 | Dividend | $0.04 | -- |
| 2024-08-06 | Dividend | $0.04 | -- |
| 2024-05-06 | Dividend | $0.04 | -- |
| 2024-02-29 | Dividend | $0.04 | -- |
| 2023-11-01 | Dividend | $0.04 | -- |
| 2023-08-02 | Dividend | $0.04 | -- |
| 2023-05-03 | Dividend | $0.04 | -- |
| 2023-03-01 | Dividend | $0.04 | -- |
| 2022-11-02 | Dividend | $0.04 | -- |
| 2022-08-03 | Dividend | $0.04 | -- |
| 2022-05-04 | Dividend | $0.04 | -- |
| 2022-03-03 | Dividend | $0.04 | -- |
| 2021-11-02 | Dividend | $0.04 | -- |
TRS Dividends vs. Peers
TRS's dividend yield currently ranks #58 of 135 vs. its peers in the Industrial - Equipment category.