TT Trane Technologies dividend history, payout ratio & dates
Trane Technologies's last dividend payment of $0.84 per share was made to shareholders on record before Sep 6, 2024. The dividend payment stands at $3.27 per share annually, which equates to a dividend yield of 0.79%.
Key dates
- TT last dividend date: Sep 6, 2024
TT dividend stats
vs. Industrials sector
Dividend yield
Trane Technologies's dividend yield of 0.79% is lower than the Industrials sector and the industry average. In comparison with the Industrials sector average of 1.36%, Trane Technologies's dividend yield is 42% lower. Historically TT's dividend yield has averaged at 8.1% in the last 5 years, which is higher than the current one.
Dividend history
Trane Technologies has been paying dividends for the last 30 years. According to our records TT has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 12% since one year ago. However with the stock price up by 84% from a year ago, the dividend yield marks a decrease of 39%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 6, 2024 | $0.84 | 0.96% |
| Jun 7, 2024 | $0.84 | 1% |
| Feb 29, 2024 | $0.84 | 1.1% |
| Nov 30, 2023 | $0.75 | 1.33% |
| Aug 31, 2023 | $0.75 | 1.42% |
| Jun 1, 2023 | $0.75 | 1.71% |
| Mar 2, 2023 | $0.75 | 1.47% |
| Dec 1, 2022 | $0.67 | 1.5% |
| Sep 1, 2022 | $0.67 | 1.66% |
| Jun 2, 2022 | $0.67 | 1.81% |
| Mar 3, 2022 | $0.67 | 1.57% |
| Dec 2, 2021 | $0.59 | 1.24% |
| Sep 2, 2021 | $0.59 | 1.14% |
| Jun 3, 2021 | $0.59 | 1.22% |
| Mar 4, 2021 | $0.59 | 1.42% |
| Dec 3, 2020 | $0.53 | 22.53% |
| Sep 3, 2020 | $0.53 | 27.03% |
| Jun 4, 2020 | $0.53 | 33.43% |
| Mar 12, 2020 | $0.53 | 33.15% |
| Mar 2, 2020 | $29.816 | 31.23% |
| Dec 5, 2019 | $0.53 | 1.64% |
| Sep 5, 2019 | $0.53 | 1.75% |
| Jun 6, 2019 | $0.53 | 1.7% |
| Mar 7, 2019 | $0.53 | 1.95% |
| Dec 6, 2018 | $0.53 | 1.94% |
| Sep 6, 2018 | $0.53 | 1.86% |
| Jun 7, 2018 | $0.45 | 1.99% |
| Mar 8, 2018 | $0.45 | 2% |
| Dec 7, 2017 | $0.45 | 1.97% |
| Sep 7, 2017 | $0.45 | 1.94% |
| Jun 7, 2017 | $0.4 | 1.72% |
| Mar 8, 2017 | $0.4 | 1.82% |
| Dec 7, 2016 | $0.4 | 1.74% |
| Sep 7, 2016 | $0.32 | 1.86% |
| Jun 8, 2016 | $0.32 | 1.85% |
| Mar 9, 2016 | $0.32 | 2.08% |
| Dec 9, 2015 | $0.29 | 2.11% |
| Sep 9, 2015 | $0.29 | 2.06% |
| Jun 10, 2015 | $0.29 | 1.56% |
| Mar 11, 2015 | $0.29 | 1.57% |
Trane Technologies dividend payout ratio
Payout ratio
Trane Technologies's payout ratio of 30.1% is above the industry average but below the Industrials sector average. Compared to its Industrials sector average of 32.7%, Trane Technologies's payout ratio is 8% lower.
Total amount of dividends paid per financial year (from cash flow)
TT dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| JCI Johnson Controls International plc | 1.76% | $1.48 | 58.5% |
| TT Trane Technologies plc | 0.79% | $3.27 | 30.1% |
| LII Lennox International Inc | 0.69% | $4.5 | 21.3% |
Frequently asked questions
Does Trane Technologies pay a dividend?
Yes, Trane Technologies has been paying dividends for the last 30 years.
When was TT's last dividend?
Trane Technologies's last regular dividend was on Sep 6, 2024 (ex-date) with the amount of $0.84 per share.
How much dividend does Trane Technologies pay (per share)?
TT has paid dividend of $3.27 per share in the last year.
What is Trane Technologies's dividend yield?
Trane Technologies's current dividend yield is 0.79%.
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 30.1%.
Does Trane Technologies pay a good dividend?
Trane Technologies's dividend yield is lower than the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.