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Trane Technologies Plc Stock Dividends Overview

TT pays dividends quarterly. Last paid amount was $0.84 at Mar 29, 2024. As of today, dividend yield (TTM) is 1.33%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 1.33%
Frequency Quarterly
1Y Growth 12.00%
Payout Ratio 0
Amount Per Share $0.84
Next Ex-Dividend Date Jun 06, 2024
Next Payment Date Jun 28, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from TT the purchase should be done within the next 30 days.
Here's a simple guide on how to buy TT stock.

TT Dividend Payout History

To ensure a understanding of TT'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.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 04, 2024 Jun 06, 2024 Jun 28, 2024 $0.84 0.258%
2 Feb 07, 2024 Feb 29, 2024 Mar 29, 2024 $0.84 0.280%
3 Oct 04, 2023 Nov 30, 2023 Dec 29, 2023 $0.750 0.308%
4 Jun 02, 2023 Aug 31, 2023 Sep 29, 2023 $0.750 0.370%
5 Apr 06, 2023 Jun 01, 2023 Sep 29, 2023 $0.750 0.370%
6 Feb 09, 2023 Mar 02, 2023 Mar 31, 2023 $0.750 0.408%
7 Oct 12, 2022 Dec 01, 2022 Dec 30, 2022 $0.670 0.399%
8 Jun 02, 2022 Sep 01, 2022 Sep 30, 2022 $0.670 0.463%
9 Apr 08, 2022 Jun 02, 2022 Jun 30, 2022 $0.670 0.516%
10 Feb 04, 2022 Mar 03, 2022 Mar 31, 2022 $0.670 0.439%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (81.31%)

Growth potential

Increase likely (57.16%)

TT Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from TT 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 TT stock here.

Comparing TT to Sector and Country

TT pays a solid dividend yield of 1.33%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.518%). TT’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (7.17%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of TT's dividend payments?
The amount of TT's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in TT sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from TT stock be automatically reinvested?
If TT offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy TT stock.

How often does TT pay dividend?
Trane Technologies Plc (TT) pays dividends quarterly. The most recent payout was on Mar 29, 2024. The upcoming dividend Ex Date is Jun 06, 2024, with an amount of $0.84.

How much does TT pays per share?
The last recorder (Feb 29, 2024) dividend per share was $0.84.

What is TT dividend growth rate?
Over the last year, Trane Technologies Plc has witnessed growth rate of 12.00% . Looking back over the past 3 years, this growth rate has been 12.50%. Furthermore, examining the past 5 years, Trane Technologies Plc has maintained an average Dividends Per Share Growth Rate of 15.36%.
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About Trane Technologies Plc

Trane Technologies Plc Trane Technologies plc, together with its subsidiaries, engages in the designing, manufacturing, selling, and servicing of solutions for heating, ventilation, air conditioning, and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; auxiliary power units; chillers; coils and condensers; gensets; furnaces; heat pumps; home automation products; humidifiers; hybrid and non-diesel transport ref... TT Profile

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