Trinity Industries's last dividend was on Oct 15, 2024 (ex-date) with a distribution of $0.28 per share. On an annualized basis, the company has a current payout of $1.12 per share. This brings the dividend yield to 3.13% based on its recent close price.
TRN has a dividend yield of 3.13% which is above the Industrials sector and the industry average. Compared to its Industrials sector average of 1.46%, Trinity Industries's dividend yield is 114% higher. Historically TRN's dividend yield has averaged at 3.6% in the last 5 years, which is above the current yield.
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 8% since one year ago. But with the stock price up by 36% from a year ago, the dividend yield marks a decrease of 21%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Oct 15, 2024 | $0.28 | 3.18% |
Jul 15, 2024 | $0.28 | 3.66% |
Apr 12, 2024 | $0.28 | 4.02% |
Jan 11, 2024 | $0.28 | 4.25% |
Oct 12, 2023 | $0.26 | 4.73% |
Jul 13, 2023 | $0.26 | 3.93% |
Apr 13, 2023 | $0.26 | 4.07% |
Jan 12, 2023 | $0.26 | 3.39% |
Oct 13, 2022 | $0.23 | 4.04% |
Jul 14, 2022 | $0.23 | 4.16% |
Apr 13, 2022 | $0.23 | 2.78% |
Jan 13, 2022 | $0.23 | 2.81% |
Oct 14, 2021 | $0.21 | 2.91% |
Jul 14, 2021 | $0.21 | 3.07% |
Apr 14, 2021 | $0.21 | 2.79% |
Jan 14, 2021 | $0.21 | 2.78% |
Oct 14, 2020 | $0.19 | 3.7% |
Jul 14, 2020 | $0.19 | 3.49% |
Apr 14, 2020 | $0.19 | 4.2% |
Jan 14, 2020 | $0.19 | 3.33% |
Oct 11, 2019 | $0.17 | 3.72% |
Jul 12, 2019 | $0.17 | 3.02% |
Apr 12, 2019 | $0.17 | 2.4% |
Jan 14, 2019 | $0.13 | 2.4% |
Oct 12, 2018 | $0.13 | 1.45% |
Jul 12, 2018 | $0.13 | 1.5% |
Apr 12, 2018 | $0.13 | 1.62% |
Jan 11, 2018 | $0.13 | 1.36% |
Oct 12, 2017 | $0.13 | 1.4% |
Jul 12, 2017 | $0.13 | 1.67% |
Apr 11, 2017 | $0.11 | 1.61% |
Jan 11, 2017 | $0.11 | 1.56% |
Oct 12, 2016 | $0.11 | 1.89% |
Jul 13, 2016 | $0.11 | 2.14% |
Apr 13, 2016 | $0.11 | 2.21% |
Jan 13, 2016 | $0.11 | 2.15% |
Oct 13, 2015 | $0.11 | 1.55% |
Jul 13, 2015 | $0.11 | 1.59% |
Apr 13, 2015 | $0.1 | 1.12% |
Jan 13, 2015 | $0.1 | 1.47% |
TRN has a payout ratio of 53.1% which is higher than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 33.1%, Trinity Industries's payout ratio is 60% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
IEP Icahn Enterprises Lp | 37.31% | $3.5 | N/A |
TRN Trinity Industries Inc | 3.19% | $1.12 | 53.1% |
GBX Greenbrier Companies Inc | 1.95% | $1.2 | 23.3% |
CAT Caterpillar Inc | 1.5% | $5.42 | 25% |
WAB Westinghouse Air Brake Technologies Corp | 0.42% | $0.8 | 13.3% |
Yes, Trinity Industries has been paying dividends for the last 29 years.
Trinity Industries's last dividend ex-date was on Oct 15, 2024. The dividend amount was $0.28 per share.
TRN's annualized dividend per share is $1.12.
Currently Trinity Industries's dividend yield is 3.13%.
Trinity Industries pays dividends quarterly.
Trinity Industries's dividend payout ratio is 53.1%.
Trinity Industries's dividend yield is above the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.