About TimkenSteel Corporation (TMST) β Dividend Analysis 2026
TimkenSteel Corporation manufactures and sells alloy steel, and carbon and micro-alloy steel products in the United States and internationally. It offers carbon, micro-alloy, and alloy steel ingots, bars, tubes, and billets, as well as supplies machining and thermal treatment services. The company's products are used in gears; hubs; axles; crankshafts and connecting rods; oil country drill pipes; bits and collars; bearing races and rolling elements; bushings; fuel injectors; wind energy shafts; anti-friction bearings; and other applications. It also provides custom-make precision steel components. The company offers its products and services to the automotive; oil and gas; industrial equipment; mining; construction; rail; defense; heavy truck; agriculture; power generation; and oil country tubular goods sectors. TimkenSteel Corporation was founded in 1899 and is headquartered in Canton, Ohio.
Is TMST a good dividend investment in 2026?
TMST offers a 9.80% forward yield with a 50% payout ratio. Strand Safety Score: 30/100 (High Risk). The 5-year dividend CAGR of 0% is modest β investors should weigh current income against growth alternatives.
TMST DRIP calculator β what's the difference?
With DRIP on a $10,000 investment over 10 years, your TMST portfolio grows to $666.4K vs $560.1K without reinvestment. This is the compound interest effect in action.
TMST dividend growth history & forecast
TMST has grown its dividend by 0% over the last year and 0% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 9.80%.
Company generates negative FCF ($-93M) β borrowing to pay dividends
Debt Leverage0.0Γ Debt/EBITDA
30 / 30 pts
30/30
Debt/EBITDA 0.0Γ β low leverage, balance sheet is strong
Earnings Momentum-0.0B β +0.0B β +0.1B
0 / 30 pts
0/30
Company is reporting net losses β dividend sustainability is in question
OVERALL ASSESSMENT
Dividend sustainability questionable β consider alternative income stocks.
STRAND SCORE
30
/100
Strand Safety Scoreβ’ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
π TMST Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold TMST.
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
π― TMST Income Goal & Break-Even
Dividend Break-Even
13yr
Years for dividends to fully repay your TMST investment of $20.40/share (πΊπΈ US Taxable (15%) Β· 15.00% tax)
$10K invested Β· 10 Years
Dividends earned (DRIP)
$9.4K
Lost to inflation (2.8% CPI)
β$2.5K
Real purchasing power gain
$6.9K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in TMST for:
Shares needed
14,118
Capital required
$288,007
Monthly income
$2,000
Based on current dividend of $2.00/share/yr Β· πΊπΈ US Taxable (15%) Β· static projection (no growth assumed).
π TMST Dividend Payment Schedule
TMST pays quarterly β 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
π°
Apr
May
Jun
π°
Jul
Aug
Sep
π°
Oct
Nov
Dec
π°
10 shares
$4.25 / payment
$17.00 / year after tax
100 shares
$42.50 / payment
$170.00 / year after tax
1,000 shares
$425.00 / payment
$1700.00 / year after tax
π TMST vs S&P 500 Average Benchmarks
How TMST compares to typical S&P 500 Average averages. (Sector "Basic Materials" not matched β using S&P 500 average)
Benchmark: S&P 500 Average
Dividend Yieldβ²+6.80% vs sectorBetter
TMST
9.80%
avg
3.00%
5Y Dividend CAGRβΌ-5.50% vs sectorBelow avg
TMST
0.00%
avg
5.50%
Payout Ratioβ²-8.00% vs sectorBetter
TMST
50.00%
avg
58.00%
Benchmarks: S&P 500 sector averages (2024β2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for TMST sourced from FMP /financial-growth endpoint β real data, not estimates.
ποΈ TMST Insider Activity
βΌ 1 Sales
When executives buy their own stock, it's a signal they believe in the dividend's sustainability.
Insider
Title
Type
Date
Shares
Price
Total Value
Raketich Kevin A
officer: EVP, Chief Commercial Officer
Sale
2024-02-14
2,000
$20.19
$40.4K
Yacobozzi Nicholas A
officer: Chief Accounting Officer
A-Award
2024-02-06
19,350
β
β
Yacobozzi Nicholas A
officer: Chief Accounting Officer
F-InKind
2024-02-06
9,142
$20.21
$184.8K
Raketich Kevin A
officer: EVP, Chief Commercial Officer
A-Award
2024-02-06
19,350
β
β
Raketich Kevin A
officer: EVP, Chief Commercial Officer
F-InKind
2024-02-06
8,996
$20.21
$181.8K
Williams Michael S
director, officer: President & CEO
A-Award
2024-02-06
635,100
β
β
Williams Michael S
director, officer: President & CEO
F-InKind
2024-02-06
288,018
$20.21
$5.82M
WESTBROOKS KRISTOPHER R
officer: EVP, Chief Financial Officer
A-Award
2024-02-06
60,600
β
β
WESTBROOKS KRISTOPHER R
officer: EVP, Chief Financial Officer
F-InKind
2024-02-06
27,483
$20.21
$555.4K
SYRVALIN KRISTINE C
officer: EVP General Counsel
A-Award
2024-02-06
33,600
β
β
Insider transactions sourced from SEC Form 4 filings via Financial Modeling Prep. See disclaimer.
π¬
Financial Health Scores
Altman Z-Score
2.38
β οΈ Grey Zone β monitor closely
Safe: >3.0 Β· Grey: 1.81β3.0 Β· Distress: <1.81
Piotroski F-Score
5/9
β οΈ Moderate fundamentals
Strong: 7β9 Β· Moderate: 4β6 Β· Weak: 0β3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores β lower dividend cut risk. Data via FMP financial statements.
π
Geographic Revenue Breakdown
Where TMST earns its money
United States90%
Non-US10%
π‘ International revenue may have additional withholding tax implications for non-US investors. Check your country's tax treaty with the US before investing.
Revenue breakdown from latest annual report via FMP. Percentages may not sum to 100% due to rounding.
π About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the TMST dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer β