Trane Technologies Dividend
Dividend criteria checks 4/6
Trane Technologies is a dividend paying company with a current yield of 1.01% that is well covered by earnings. Next payment date is on 30th September, 2024 with an ex-dividend date of 6th September, 2024.
Key information
1.0%
Dividend yield
32%
Payout ratio
| Industry average yield | 1.3% |
| Next dividend pay date | 30 Sep 24 |
| Ex dividend date | 06 Sep 24 |
| Dividend per share | n/a |
| Earnings per share | US$9.63 |
| Dividend yield forecast in 3Y | 1.1% |
Recent dividend updates
Recent updates
Trane Technologies: It's Not Going To Get Cooler
Jun 12Trane Technologies: This Steaming Valuation Needs To Cool Down Before I Buy
May 31Trane Technologies: Strong Commercial HVAC Growth In FY24
Mar 20Don't Be Afraid To Hop Aboard The Trane
Feb 08Trane Technologies: Good Growth Prospects And A Reasonable Valuation
Nov 29Trane Technologies: Powering A Sustainable And Lucrative Future
Sep 21Trane Technologies: A Good Buy At Current Levels
Sep 08Trane Technologies: Riding Energy Efficiency And Decarbonization
Jun 27Trane Technologies: Buy For Good Total Return, But A Bit Pricey At Present
Feb 16Trane Technologies lifts dividend by 12% to $0.75/share
Feb 09Trane Technologies Q4 2022 Earnings Preview
Feb 01Trane Technologies Offers A Multipart Puzzle Between Industry Drivers, Macro Risk, And Valuation
Nov 09Trane Technologies Q3 2022 Earnings Preview
Nov 01Trane Technologies declares $0.67 dividend
Oct 12August sees sequential increase in Architectural Billings Index, expansionary mode for the 19th consecutive month
Sep 23Trane Technologies: Total Return Is Good And Has The Right Product At The Right Time
Aug 17Trane Technologies Q2 2022 Earnings Preview
Aug 02We Believe Trane Technologies Is Finally In 'Buy' Territory
May 31Apparently, It's Not So Hard To Stop A Trane
Feb 11Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TT's dividends per share have been stable in the past 10 years.
Growing Dividend: TT's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Trane Technologies Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TT) | 1.0% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Building) | 1.3% |
| Analyst forecast in 3 Years (TT) | 1.1% |
Notable Dividend: TT's dividend (1.01%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: TT's dividend (1.01%) is low compared to the top 25% of dividend payers in the US market (4.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.3%), TT's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.8%), TT's dividend payments are well covered by cash flows.