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TT Trane Technologies dividend history, payout ratio & dates

Trane Technologies's last quarterly dividend payment of $0.67 per share was made to shareholders on record before Sep 1, 2022. The dividend payment stands at $2.6 per share annually, which equates to a dividend yield of 1.78%.

Key dates

  • TT last dividend date: Sep 1, 2022
  • TT next dividend date: Not announced
TT dividend stats
DPS
$2.6
Dividend yield
1.78%
Payout ratio
41.1%
vs. Industrials sector
Dividend yield
1.69%
Payout ratio
28.8%

Dividend yield

What is Trane Technologies current dividend yield

Trane Technologies's dividend yield of 1.78% is higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 1.69%, Trane Technologies's dividend yield is 5% higher. Historically TT's dividend yield has averaged at 1.7% in the last 5 years, which is in line with the current one.

Dividend history

What is TT dividend payout history and dates

Trane Technologies has been paying dividends for the last 28 years. According to our records TT has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 13% since one year ago. And with the stock price down by 17% from a year ago, the dividend yield has grown by 37%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Sep 1, 2022 Sep 30, 2022 Jun 2, 2022 $0.67 normal
Jun 2, 2022 Jun 30, 2022 $0.67 normal
Mar 3, 2022 Mar 31, 2022 Feb 3, 2022 $0.67 normal
Dec 2, 2021 Dec 31, 2021 Oct 6, 2021 $0.59 normal
Sep 2, 2021 Sep 30, 2021 Jun 3, 2021 $0.59 normal
Jun 3, 2021 Jun 30, 2021 Apr 8, 2021 $0.59 normal
Mar 4, 2021 Mar 31, 2021 $0.59 normal
Dec 3, 2020 Dec 31, 2020 Oct 8, 2020 $0.53 normal
Sep 3, 2020 Sep 30, 2020 Jun 5, 2020 $0.53 normal
Jun 4, 2020 Jun 30, 2020 Apr 8, 2020 $0.53 normal
Mar 12, 2020 Mar 31, 2020 Feb 5, 2020 $0.53 normal
Dec 5, 2019 Dec 31, 2019 Oct 3, 2019 $0.53 normal
Sep 5, 2019 Sep 30, 2019 Jun 10, 2019 $0.53 normal
Jun 6, 2019 Jun 28, 2019 Apr 4, 2019 $0.53 normal
Mar 7, 2019 Mar 29, 2019 Feb 6, 2019 $0.53 normal
Dec 6, 2018 Dec 31, 2018 Oct 2, 2018 $0.53 normal
Sep 6, 2018 Sep 28, 2018 Jun 11, 2018 $0.53 normal
Jun 7, 2018 Jun 29, 2018 Apr 4, 2018 $0.45 normal
Mar 8, 2018 Mar 30, 2018 Feb 7, 2018 $0.45 normal
Dec 7, 2017 Dec 29, 2017 Oct 3, 2017 $0.45 normal
Sep 7, 2017 Sep 29, 2017 Aug 4, 2017 $0.45 normal
Jun 7, 2017 Jun 30, 2017 $0.4 normal
Mar 8, 2017 Mar 31, 2017 Feb 8, 2017 $0.4 normal
Dec 7, 2016 Dec 30, 2016 $0.4 normal

Trane Technologies dividend payout ratio

What is Trane Technologies dividend payout ratio compared to the sector

Payout ratio

Trane Technologies's payout ratio of 41.1% is above the Industrials sector and the industry average. Compared to its Industrials sector average of 28.8%, Trane Technologies's payout ratio is 43% higher.

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

TT dividend vs peer dividends

How does TT dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
TT Trane Technologies plc 1.78% $2.6 41.1%
LII Lennox International Inc 1.76% $3.96 30.5%

Frequently asked questions

Does Trane Technologies pay a dividend?

Yes, Trane Technologies has been paying dividends for the last 28 years.

When is Trane Technologies's next dividend?

TT hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in December 2022.

When was TT's last dividend?

Trane Technologies's last regular dividend was on Sep 1, 2022 (ex-date) with the amount of $0.67 per share.

How much dividend does Trane Technologies pay (per share)?

TT has paid dividend of $2.6 per share in the last year.

What is Trane Technologies's dividend yield?

Trane Technologies's current dividend yield is 1.78%.

How often does Trane Technologies pay dividends?

Trane Technologies pays dividends quarterly.

What is Trane Technologies's dividend payout ratio?

The dividend payout ratio of Trane Technologies is 41.1%.

Does Trane Technologies pay a good dividend?

Trane Technologies's dividend yield is higher than the Industrials sector average.