financetom
Business
financetom
/
Business
/
Trinseo Suspends Quarterly Dividend
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Trinseo Suspends Quarterly Dividend
Oct 3, 2025 1:46 PM

04:29 PM EDT, 10/03/2025 (MT Newswires) -- Trinseo ( TSE ) said its board voted to suspend the quarterly dividend of $0.01 per share indefinitely.

The move is expected to save $1.5 million annually, the company said Friday in a regulatory filing.

Trinseo ( TSE ) shares fell 1.5% in after-hours trading Friday after a halt earlier in the regular session.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Relieved US TikTok enthusiasts hope 'magic' returns as app is restored
Relieved US TikTok enthusiasts hope 'magic' returns as app is restored
Jan 19, 2025
NEW YORK (Reuters) - On Saturday night, for the first time in five years, millions of American TikTok users who logged on for a late-night scroll were met with an unwelcome notice that their beloved app had been banned and shut down. Their exile lasted less than 24 hours, ending when the Chinese-owned company restored service on Sunday after President-elect...
Costco Teamsters vote to authorize US-wide strike, union says
Costco Teamsters vote to authorize US-wide strike, union says
Jan 19, 2025
Jan 19 (Reuters) - Teamsters said on Sunday its members at U.S. retailer Costco Wholesale ( COST ) voted in favor of a nationwide strike, as they entered a final round of talks to reach a new contract ahead of a Jan. 31 deadline. The union, which represents more than 18,000 workers at Costco, said 85% of its members voted...
Australia's Star Entertainment posts smaller quarterly loss
Australia's Star Entertainment posts smaller quarterly loss
Jan 19, 2025
(Reuters) -Australia's Star Entertainment posted a smaller second-quarter loss on Monday compared with the previous three-month period, as the casino operator benefited from its cost-out programme and strong December performance. The debt-laden gaming firm has been grappling with various issues including multiple regulatory inquiries and long closures of casinos. Shares of the company fell 3.6% to A$0.135 by 2355 GMT,...
Asset manager VanEck expects growth in defence sector as Trump returns
Asset manager VanEck expects growth in defence sector as Trump returns
Jan 19, 2025
BRUSSELS, Jan 20 (Reuters) - Demand for a leading defence sector exchange-traded fund (ETF) has been growing ahead of the return of Donald Trump to the White House, said investment company and ETF issuer VanEck. The European arm of the New York-headquartered company launched its VanEck Defense UCITS ETF in March 2023. It rose around 55% in 2024 and is...
Copyright 2023-2026 - www.financetom.com All Rights Reserved