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TriMas Corporation

TriMas Corporation designs, develops, manufactures, and sells products for consumer products, aerospace and defense, and industrial markets worldwide. It operates through two segments: Packaging and Specialty Products. The Packaging segment offers dispensing products, caps and closures, polymeric jar products, integrated dispensers, bag-in-box products, and consumable vascular delivery and diagnostic test components under brands including Rieke, Taplast, Affaba & Ferrari, Aarts Packaging, Intertech, Omega Plastics, and Rapak. The Specialty Products segment designs, manufactures, and distributes steel cylinders for packaged and compressed gases under the Norris Cylinder brand. The company was incorporated in 1986 and is headquartered in Bloomfield Hills, Michigan.

Price · split & dividend adjusted
News & notes moving TRS
United States
TRS

Five Nasdaq Stocks Go Ex-Dividend August 6, Requiring Purchase by Today

Five Nasdaq-listed companies—Wintrust Financial, Silicon Motion Technology, Franklin Electric, TriMas, and Eagle Bancorp—all go ex-dividend on August 6, 2026, meaning investors must buy shares by market close today, August 5, to qualify for their upcoming quarterly payouts. Wintrust Financial raised its dividend 10% to $0.55 per share, yielding 1.32%, while Franklin Electric extended a multi-decade streak of increases with a $0.28 payout. Silicon Motion Technology offers a $0.50 dividend but has surged 184% year to date on AI storage demand, making its 0.79% yield a thin label on a high-growth stock. Eagle Bancorp slashed its dividend 94% to just $0.01 amid negative earnings and $47.9 million in net charge-offs, flagging it as a credit turnaround bet rather than an income play. TriMas pays a token $0.04 quarterly dividend, unchanged for years, representing a modest capital-return feature.
EGBN ▼FELE ▲TRS WTFC ▲
EGBN · Capital · Negative Dividend slashed 94% amid negative earnings and charge-offs.
FELE · Capital · Positive Extended multi-decade dividend increase streak.
TRS · Capital · Neutral Token dividend unchanged for years, modest capital return.
WTFC · Capital · Positive Raised dividend 10% to $0.55 per share.
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TRS▲

TriMas Raises Lower End of 2026 Adjusted EPS Guidance to $1.60-$1.70

TriMas Corporation raised the lower end of its full-year 2026 adjusted EPS guidance to a range of $1.60 to $1.70, citing confidence in cost-reduction progress and higher interest income. The company expects full-year sales growth of 3% to 6% and operating profit margin expansion of over 300 basis points, driven by a $10.5 million cost-reduction program and operational excellence initiatives. Organic sales were flat as growth in industrial and life sciences markets was offset by consumer spending pressures, while the recently divested Aerospace segment has left the company with significant cash flexibility for disciplined M&A in packaging and life sciences. Free cash flow is expected to strengthen in the second half of the year after a Q2 use of cash tied to a high concentration of June sales, and the company began funding an estimated $200 million tax liability related to the Aerospace transaction, with $30 million paid in Q2. The Atkins, Arkansas facility closure temporarily impacted food and beverage sales, but management expects beauty and personal care demand to normalize in the second half.
TRS ▲
TRS · Capital · Positive raised lower end of 2026 adjusted EPS guidance, citing cost-reduction progress and higher interest income
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