Trane Technologies is a dividend paying company with a current yield of 1.02%. Next payment date is on 28th June, 2024 with an ex-dividend date of 7th June, 2024.
Key information
1.0%
Dividend yield
32%
Payout ratio
Industry average yield
2.4%
Next dividend pay date
28 Jun 24
Ex dividend date
07 Jun 24
Dividend per share
n/a
Earnings per share
Mex$9.63
Dividend yield forecast in 3Y
1.1%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TT N is not paying a notable dividend for the MX market, therefore no need to check if payments are stable.
Growing Dividend: TT N is not paying a notable dividend for the MX market, therefore no need to check if payments are increasing.
Dividend Yield vs Market
Trane Technologies Dividend Yield vs Market
How does TT N dividend yield compare to the market?
Segment
Dividend Yield
Company (TT N)
1.0%
Market Bottom 25% (MX)
2.2%
Market Top 25% (MX)
6.5%
Industry Average (Building)
2.4%
Analyst forecast in 3 Years (TT N)
1.1%
Notable Dividend: TT N's dividend (1.02%) isn’t notable compared to the bottom 25% of dividend payers in the MX market (2.19%).
High Dividend: TT N's dividend (1.02%) is low compared to the top 25% of dividend payers in the MX market (6.51%).
Earnings Payout to Shareholders
Earnings Coverage: TT N is not paying a notable dividend for the MX market.
Cash Payout to Shareholders
Cash Flow Coverage: TT N is not paying a notable dividend for the MX market.