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Trinity Industries (TRN) Dividend Yield, Date & History

Trinity Industries logo
$35.76 +0.38 (+1.07%)
(As of 12/20/2024 05:16 PM ET)

Trinity Industries Dividend Summary

Dividend Yield
3.36%
Annual Dividend
$1.20
Next
Dividend Payment
Jan. 31
Dividend Increase
Track Record
15 Years
Annualized 3-Year
Dividend Growth
11.02%
Dividend Payout Ratio
58.54%

Trinity Industries (TRN) pays an annual dividend of $1.20 per share, with a dividend yield of 3.36%. The next quarterly payment of $0.30 per share is scheduled for Friday, January 31, to investors who own the stock before the ex-dividend date of Wednesday, January 15. TRN has grown its dividend for 15 consecutive years, with an average annual increase of 3.55%. The company currently pays out 58.54% of its earnings and 25.13% of its cash flow as dividends.

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TRN Dividend Payments by Quarter

The chart below displays up to four years of Trinity Industries' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

TRN Dividend Yield Over Time

The chart below tracks Trinity Industries' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Trinity Industries vs. The Competition

Compare Trinity Industries' annual dividend, yield, and 3-year growth rate with averages for Transportation and NYSE companies to evaluate its performance against the market.

TypeTrinity IndustriesTransportation CompaniesNYSE Companies
Annual Dividend$1.20$0.01$1.39
Dividend Yield3.36%4.47%3.62%
Annualized 3-Year Dividend Growth11.02%26.12%15.78%
Track Record15 years18 years24 years

Trinity Industries Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings58.54%
Based on This Year's Estimate68.57%
Based on Cashflow25.13%

Trinity Industries Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/5/2024quarterly$0.30+$0.02
7.14%
3.21%1/15/20251/15/20251/31/2025
9/5/2024quarterly$0.28 - 3.49%10/15/202410/15/202410/31/2024
5/20/2024quarterly$0.28 - 3.64%7/15/20247/15/20247/31/2024
3/7/2024quarterly$0.28 - 4.33%4/12/20244/15/20244/30/2024
12/6/2023quarterly$0.28+$0.02
7.69%
4.38%1/11/20241/12/20241/31/2024
9/6/2023quarterly$0.26+$0.25
2,500.00%
4.36%10/12/202310/13/202310/31/2023
5/9/2023quarterly$0.01-$0.25
96.15%
0.19%7/13/20237/14/20237/31/2023
3/7/2023quarterly$0.26 - 3.82%4/13/20234/14/20234/28/2023

This table shows Trinity Industries' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Trinity Industries Dividend - Frequently Asked Questions

The current dividend yield for Trinity Industries is 3.36%. Learn more on TRN's dividend yield history.

The annual dividend for TRN shares is $1.20. Learn more on TRN's annual dividend history.

Trinity Industries pays quarterly dividends to shareholders.

Trinity Industries's next quarterly dividend payment of $0.30 per share will be made to shareholders on Friday, January 31, 2025.

Trinity Industries's most recent quarterly dividend payment of $0.28 per share was made to shareholders on Thursday, October 31, 2024.

Trinity Industries's next ex-dividend date is Wednesday, January 15, 2025.

Trinity Industries's most recent ex-dividend date was Tuesday, October 15, 2024.

Over the past three years, the company's dividend has grown by an average of 11.02% per year.

Trinity Industries has increased its dividend for the past 15 consecutive years.

The most recent change in the company's dividend was an increase of $0.02 on Thursday, December 5, 2024.

The dividend payout ratio for TRN is:
  • 58.54% based on the trailing year of earnings
  • 68.57% based on this year's estimates
  • 25.13% based on cash flow

Trinity Industries' dividend yield of 3.20% is lower than the average Transportation company that issues a dividend. The company's 15 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Trinity Industries' dividend payout ratio of 58.54% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Trinity Industries stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:TRN) was last updated on 12/22/2024 by MarketBeat.com Staff
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