Trane Technologies Dividend
Dividend criteria checks 5/6
Trane Technologies is a dividend paying company with a current yield of 1.02% that is well covered by earnings.
Key information
1.0%
Dividend yield
32%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €9.63 |
Dividend yield forecast in 3Y | 1.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2IS's dividends per share have been stable in the past 10 years.
Growing Dividend: 2IS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Trane Technologies Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2IS) | 1.0% |
Market Bottom 25% (BG) | 0.8% |
Market Top 25% (BG) | 5.9% |
Industry Average (Building) | 2.0% |
Analyst forecast in 3 Years (2IS) | 1.1% |
Notable Dividend: 2IS's dividend (1.02%) is higher than the bottom 25% of dividend payers in the BG market (0.8%).
High Dividend: 2IS's dividend (1.02%) is low compared to the top 25% of dividend payers in the BG market (5.9%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.3%), 2IS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.8%), 2IS's dividend payments are well covered by cash flows.