TRN Trinity Industries dividend history, payout ratio & dates
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 3.01% based on its recent close price.
Key dates
- TRN last dividend date: Oct 15, 2024
TRN dividend stats
vs. Industrials sector
Dividend yield
TRN has a dividend yield of 3.01% which is above the Industrials sector and the industry average. Compared to its Industrials sector average of 1.36%, Trinity Industries's dividend yield is 121% higher. Historically TRN's dividend yield has averaged at 3.6% in the last 5 years, which is above the current yield.
Dividend history
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 51% from a year ago, the dividend yield marks a decrease of 29%.
Recent dividends
| 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% |
Trinity Industries dividend payout ratio
Payout ratio
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 32.7%, Trinity Industries's payout ratio is 62% higher.
Total amount of dividends paid per financial year (from cash flow)
TRN dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| IEP Icahn Enterprises Lp | 31.77% | $3.5 | N/A |
| TRN Trinity Industries Inc | 3.01% | $1.12 | 53.1% |
| GBX Greenbrier Companies Inc | 1.82% | $1.2 | 23.3% |
| CAT Caterpillar Inc | 1.39% | $5.42 | 25% |
| WAB Westinghouse Air Brake Technologies Corp | 0.4% | $0.8 | 13.3% |
Frequently asked questions
Does Trinity Industries pay a dividend?
Yes, Trinity Industries has been paying dividends for the last 29 years.
When was TRN's last dividend?
Trinity Industries's last dividend ex-date was on Oct 15, 2024. The dividend amount was $0.28 per share.
How much dividend does Trinity Industries pay (per share)?
TRN's annualized dividend per share is $1.12.
What is Trinity Industries's dividend yield?
Currently Trinity Industries's dividend yield is 3.01%.
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 53.1%.
Does Trinity Industries pay a good dividend?
Trinity Industries's dividend yield is above the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.