Trinity Industries is a dividend paying company with a current yield of 3.71% that is well covered by earnings. Next payment date is on 31st July, 2024 with an ex-dividend date of 15th July, 2024.
Key information
3.7%
Dividend yield
63%
Payout ratio
Industry average yield
0%
Next dividend pay date
31 Jul 24
Ex dividend date
15 Jul 24
Dividend per share
n/a
Earnings per share
Mex$1.71
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TRN *'s dividends per share have been stable in the past 10 years.
Growing Dividend: TRN *'s dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Trinity Industries Dividend Yield vs Market
How does TRN * dividend yield compare to the market?
Segment
Dividend Yield
Company (TRN *)
3.7%
Market Bottom 25% (MX)
0%
Market Top 25% (MX)
0%
Industry Average (Machinery)
0%
Analyst forecast in 3 Years (TRN *)
n/a
Notable Dividend: TRN *'s dividend (3.71%) is higher than the bottom 25% of dividend payers in the MX market (2.07%).
High Dividend: TRN *'s dividend (3.71%) is low compared to the top 25% of dividend payers in the MX market (6.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.8%), TRN *'s dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: TRN * is paying a dividend but the company has no free cash flows.