company-logo

Trinity Industries, Inc. provides rail transportation products and services under the TrinityRail name in North America. It operates in two segments, Railcar Leasing and Management Services Group, and Rail Products Group. The Railcar Leasing and Management Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investors; and provides fleet maintenance and management services. As of December 31, 2021, it had a fleet of 106,970 owned or leased railcars. This segment serves industrial shipper and railroad companies operating in agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. The Rail Products Group segment manufactures freight and tank railcars for transporting various liquids, gases, and dry cargo; and offers railcar maintenance and modification services. This segment serves railroads, leasing companies, and industrial shippers of products in the agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. It sells or leases products and services through its own sales personnel and independent sales representatives. Trinity Industries, Inc. was incorporated in 1933 and is headquartered in Dallas, Texas.

Trinity Industries Dividend Announcement

Trinity Industries announced a quarterly dividend of $0.28 per ordinary share which will be made payable on 2024-10-31. Ex dividend date: 2024-10-15
Trinity Industries annual dividend for 2024 was $1.12
Trinity Industries annual dividend for 2023 was $1.04
Trinity Industries's trailing twelve-month (TTM) dividend yield is 3.22%
Trinity Industries's payout ratio for the trailing twelve months (TTM) is 55.26%
Trinity Industries's dividend growth over the last five years (2018-2023) was 14.87% year
Trinity Industries's dividend growth over the last ten years (2013-2023) was 7.60% year

Trinity Industries Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-15$0.28quarterly2024-10-31
2024-07-15$0.28quarterly2024-07-31
2024-04-12$0.28quarterly2024-04-30
2024-01-11$0.28quarterly2024-01-31
2023-10-12$0.26quarterly2023-10-31
2023-07-13$0.26quarterly2023-07-31
2023-04-13$0.26quarterly2023-04-28
2023-01-12$0.26quarterly2023-01-31
2022-10-13$0.23quarterly2022-10-31
2022-07-14$0.23quarterly2022-07-29
2022-04-13$0.23quarterly2022-04-29
2022-01-13$0.23quarterly2022-01-31
2021-10-14$0.21quarterly2021-10-29
2021-07-14$0.21quarterly2021-07-30
2021-04-14$0.21quarterly2021-04-30
2021-01-14$0.21quarterly2021-01-29
2020-10-14$0.19quarterly2020-10-30
2020-07-14$0.19quarterly2020-07-31
2020-04-14$0.19quarterly2020-04-30
2020-01-14$0.19quarterly2020-01-31
2019-10-11$0.17quarterly2019-10-31
2019-07-12$0.17quarterly2019-07-31
2019-04-12$0.17quarterly2019-04-30
2019-01-14$0.13quarterly2019-01-31
2018-10-12$0.13quarterly2018-10-31
2018-07-12$0.13quarterly2018-07-31
2018-04-12$0.13quarterly2018-04-30
2018-01-11$0.13quarterly2018-01-31
2017-10-12$0.13quarterly2017-10-31
2017-07-12$0.13quarterly2017-07-31
2017-04-11$0.11quarterly2017-04-28
2017-01-11$0.11quarterly2017-01-31
2016-10-12$0.11quarterly2016-10-31
2016-07-13$0.11quarterly2016-07-29
2016-04-13$0.11quarterly2016-04-29
2016-01-13$0.11quarterly2016-01-29
2015-10-13$0.11quarterly2015-10-30
2015-07-13$0.11quarterly2015-07-31
2015-04-13$0.10quarterly2015-04-30
2015-01-13$0.10quarterly2015-01-30
2014-10-10$0.10quarterly2014-10-31
2014-07-11$0.10quarterly2014-07-31
2014-04-11$0.15quarterly2014-04-30
2014-01-13$0.15quarterly2014-01-31
2013-10-10$0.15quarterly2013-10-31
2013-07-11$0.13quarterly2013-07-31
2013-04-11$0.11quarterly2013-04-30
2013-01-11$0.11quarterly2013-01-31

Trinity Industries Dividend per year

Trinity Industries Dividend growth

Trinity Industries Dividend Yield

Trinity Industries current trailing twelve-month (TTM) dividend yield is 3.22%. Interested in purchasing Trinity Industries stock? Use our calculator to estimate your expected dividend yield:

Trinity Industries Financial Ratios

P/E ratio17.30
PEG ratio2.92
P/B ratio2.64
ROE15.67%
Payout ratio55.26%
Current ratio2.07
Quick ratio1.14
Cash Ratio0.54

Trinity Industries Dividend FAQ

How much is the next Trinity Industries dividend?
Trinity Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Trinity Industries dividend. The next Trinity Industries dividend will be released in January, April, July, or October.
When is Trinity Industries dividend paid?
Trinity Industries pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Trinity Industries pay?
The specific amount of Trinity Industries dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Trinity Industries's dividend history.
Does Trinity Industries stock pay dividends?
Yes, Trinity Industries does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Trinity Industries's dividend history.
How much dividend does Trinity Industries pay?
Trinity Industries paid $1.12 in 2024, $1.04 in 2023, $0.92 in 2022, $0.84 in 2021, and $0.76 in 2020.
How often does Trinity Industries pay dividends?
Trinity Industries typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and October.
What is Trinity Industries's dividend yield?
The current dividend yield for Trinity Industries is 3.22%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Trinity Industries's exact dividend yield.
When does Trinity Industries go ex dividend?
Trinity Industries's ex-dividend date for the latest dividend was on 2024-10-15. Trinity Industries typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Trinity Industries dividend paid?
Trinity Industries pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will Trinity Industries increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Trinity Industries will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Trinity Industries dividend per share?
Trinity Industries paid $1.12 per share in 2024 and $1.04 per share in 2023. The amount of dividend per share that Trinity Industries pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Trinity Industries a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Trinity Industries a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Trinity Industries a dividend stock?
Yes, Trinity Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Trinity Industries a good dividend stock?
Whether Trinity Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Trinity Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Trinity Industries as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Trinity Industries pay dividends monthly?
Trinity Industries typically pays dividends on a quarterly basis.
Does Trinity Industries pay dividends quarterly?
Trinity Industries currently pays dividends on a quarterly basis.
Has Trinity Industries ever paid a dividend?
Yes, Trinity Industries has a history of paying dividends to its shareholders. Trinity Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Trinity Industries dividend stocks?
To buy Trinity Industries you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Trinity Industries stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Trinity Industries pay dividends 2024?
Trinity Industries pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-31. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Trinity Industries increase its dividend in 2024?
Decisions regarding Trinity Industries dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Trinity Industries dividend overview you can look into the above table of dividend history.
How Trinity Industries dividend works?
The Trinity Industries dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Trinity Industries's dividend process works:

1. Determination of Dividend: Trinity Industries's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Trinity Industries publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Trinity Industries distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Trinity Industries are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Trinity Industries dividends paid?
Trinity Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Trinity Industries sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Trinity Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Trinity Industries declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Trinity Industries pay dividends?
Trinity Industries typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Trinity Industries pay dividends?
The general pattern is that Trinity Industries pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Trinity Industries dividend safe?
The safety of Trinity Industries's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Trinity Industries's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Trinity Industries's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.