Trinity Industries Inc Stock Dividends
TRN pays dividends quarterly. Last paid amount was $0.280 at Apr 30, 2024. As of today, dividend yield (TTM) is 4.43%.
Dividend Yield Range
AI Analysis of TRN
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 4.43% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 7.69% |
| Payout Ratio | 0 |
| Amount Per Share | $0.280 |
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Trinity Industries Inc has not yet announced its next dividend date. Last payment date was: Apr 30, 2024.
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TRN Dividend Payout History
To ensure a understanding of TRN's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 07, 2024 | Apr 12, 2024 | Apr 30, 2024 | $0.280 | 1.08% |
| 2 | Jan 11, 2024 | Jan 11, 2024 | Jan 31, 2024 | $0.280 | 1.11% |
| 3 | Sep 06, 2023 | Oct 12, 2023 | Oct 31, 2023 | $0.260 | 1.25% |
| 4 | May 09, 2023 | Jul 13, 2023 | Jul 31, 2023 | $0.260 | 0.99% |
| 5 | Mar 07, 2023 | Apr 13, 2023 | Apr 28, 2023 | $0.260 | 1.09% |
| 6 | Dec 08, 2022 | Jan 12, 2023 | Jan 31, 2023 | $0.260 | 0.90% |
| 7 | Sep 07, 2022 | Oct 13, 2022 | Oct 31, 2022 | $0.230 | 0.81% |
| 8 | May 10, 2022 | Jul 14, 2022 | Jul 29, 2022 | $0.230 | 0.89% |
| 9 | Mar 11, 2022 | Apr 13, 2022 | Apr 29, 2022 | $0.230 | 0.83% |
| 10 | Dec 10, 2021 | Jan 13, 2022 | Jan 31, 2022 | $0.230 | 0.80% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
TRN Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from TRN dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in TRN stock here.
Comparing TRN to Sector and Country
TRN pays a solid dividend yield of 4.43%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.526%). TRN’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (7.44%), which means that there are more attractive dividend stocks to consider.
