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TRN Trinity Industries dividend history, payout ratio & dates

Trinity Industries's last quarterly dividend was on Jan 12, 2023 (ex-date) with a distribution of $0.26 per share. On an annualized basis, the company has a current payout of $0.95 per share. This brings the dividend yield to 3.36% based on its recent close price. The latest dividend marks an increase of $0.03, or 13% from the previous dividend.

Key dates

  • TRN last dividend date: Jan 12, 2023
  • TRN next dividend date: Not announced
TRN dividend stats
DPS
$0.95
Dividend yield
3.36%
Payout ratio
56.5%
vs. Industrials sector
Dividend yield
1.45%
Payout ratio
27.4%

Dividend yield

What is Trinity Industries current dividend yield

TRN has a dividend yield of 3.36% which is above the Industrials sector and the industry average. Compared to its Industrials sector average of 1.45%, Trinity Industries's dividend yield is 132% higher. Historically TRN's dividend yield has averaged at 3.1% in the last 5 years, which is below the current yield.

Dividend history

What is TRN dividend payout history and dates

Trinity Industries has been paying dividends since 1995. TRN has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 10% since one year ago. And with the stock price down by 0.9% from a year ago, the dividend yield marks an increase of 12%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Jan 12, 2023 Jan 31, 2023 Dec 8, 2022 $0.26 normal
Oct 13, 2022 Oct 31, 2022 Sep 7, 2022 $0.23 normal
Jul 14, 2022 Jul 29, 2022 May 10, 2022 $0.23 normal
Apr 13, 2022 Apr 29, 2022 Mar 11, 2022 $0.23 normal
Jan 13, 2022 Jan 31, 2022 Dec 10, 2021 $0.23 normal
Oct 14, 2021 Oct 29, 2021 Sep 8, 2021 $0.21 normal
Jul 14, 2021 Jul 30, 2021 May 3, 2021 $0.21 normal
Apr 14, 2021 Apr 30, 2021 Mar 11, 2021 $0.21 normal
Jan 14, 2021 Jan 29, 2021 Dec 10, 2020 $0.21 normal
Oct 14, 2020 Oct 30, 2020 Sep 10, 2020 $0.19 normal
Jul 14, 2020 Jul 31, 2020 May 4, 2020 $0.19 normal
Apr 14, 2020 Apr 30, 2020 Mar 12, 2020 $0.19 normal
Jan 14, 2020 Jan 31, 2020 Dec 6, 2019 $0.19 normal
Oct 11, 2019 Oct 31, 2019 Sep 4, 2019 $0.17 normal
Jul 12, 2019 Jul 31, 2019 May 6, 2019 $0.17 normal
Apr 12, 2019 Apr 30, 2019 Mar 7, 2019 $0.17 normal
Jan 14, 2019 Jan 31, 2019 Dec 6, 2018 $0.13 normal
Oct 12, 2018 Oct 31, 2018 Sep 13, 2018 $0.13 normal
Jul 12, 2018 Jul 31, 2018 May 8, 2018 $0.13 normal
Apr 12, 2018 Apr 30, 2018 Mar 8, 2018 $0.13 normal
Jan 11, 2018 Jan 31, 2018 Dec 12, 2017 $0.13 normal
Oct 12, 2017 Oct 31, 2017 $0.13 normal
Jul 12, 2017 Jul 31, 2017 May 1, 2017 $0.13 normal
Apr 11, 2017 Apr 28, 2017 Mar 8, 2017 $0.11 normal
Jan 11, 2017 Jan 31, 2017 Dec 8, 2016 $0.11 normal
Oct 12, 2016 Oct 31, 2016 Sep 8, 2016 $0.11 normal
Jul 13, 2016 Jul 29, 2016 $0.11 normal
Apr 13, 2016 Apr 29, 2016 $0.11 normal

Trinity Industries dividend payout ratio

What is Trinity Industries dividend payout ratio compared to the sector

Payout ratio

TRN has a payout ratio of 56.5% which is higher than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 27.4%, Trinity Industries's payout ratio is 106% higher.

Total amount of dividends paid per financial year (from cash flow)

TRN dividend vs peer dividends

How does TRN dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
TRN Trinity Industries Inc 3.36% $0.95 56.5%
CAT Caterpillar Inc 1.78% $4.71 34%
WAB Westinghouse Air Brake Technologies Corp 0.58% $0.6 16.7%

Frequently asked questions

Does Trinity Industries pay a dividend?

Yes, Trinity Industries has been paying dividends for the last 27 years.

When is Trinity Industries's next dividend?

Currently TRN's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in April 2023.

When was TRN's last dividend?

Trinity Industries's last dividend ex-date was on Jan 12, 2023. The dividend amount was $0.26 per share.

How much dividend does Trinity Industries pay (per share)?

TRN's annualized dividend per share is $0.95.

What is Trinity Industries's dividend yield?

Currently Trinity Industries's dividend yield is 3.36%.

How often does Trinity Industries pay dividends?

Trinity Industries pays dividends quarterly.

What is Trinity Industries's dividend payout ratio?

Trinity Industries's dividend payout ratio is 56.5%.

Does Trinity Industries pay a good dividend?

Trinity Industries's dividend yield is above the Industrials sector average.