Trane Technologies plc

NYSE:TT Stock Report

Market Cap: US$92.4b

Trane Technologies Dividends and Buybacks

Dividend criteria checks 4/6

Trane Technologies is a dividend paying company with a current yield of 0.81% that is well covered by earnings. Next payment date is on 31st December, 2024 with an ex-dividend date of 6th December, 2024.

Key information

0.8%

Dividend yield

1.2%

Buyback Yield

Total Shareholder Yield2.0%
Future Dividend Yield0.9%
Dividend Growth-4.4%
Next dividend pay date31 Dec 24
Ex dividend date06 Dec 24
Dividend per shareUS$3.360
Payout ratio30%

Recent dividend and buyback updates

Recent updates

Trane Technologies Q3: Strong North America And Weak China

Oct 31

Trane Technologies: Good Growth Prospects, But High Valuation Limits Upside (Rating Downgrade)

Jul 29

Trane Technologies: It's Not Going To Get Cooler

Jun 12

Trane Technologies: This Steaming Valuation Needs To Cool Down Before I Buy

May 31

Trane Technologies: Strong Commercial HVAC Growth In FY24

Mar 20

Don't Be Afraid To Hop Aboard The Trane

Feb 08

Trane Technologies: Good Growth Prospects And A Reasonable Valuation

Nov 29

Trane Technologies: Powering A Sustainable And Lucrative Future

Sep 21

Trane Technologies: A Good Buy At Current Levels

Sep 08

Trane Technologies: Riding Energy Efficiency And Decarbonization

Jun 27

Trane Technologies: Buy For Good Total Return, But A Bit Pricey At Present

Feb 16

Trane Technologies lifts dividend by 12% to $0.75/share

Feb 09

Trane Technologies Q4 2022 Earnings Preview

Feb 01

Trane Technologies Offers A Multipart Puzzle Between Industry Drivers, Macro Risk, And Valuation

Nov 09

Trane Technologies Q3 2022 Earnings Preview

Nov 01

Trane Technologies declares $0.67 dividend

Oct 12

August sees sequential increase in Architectural Billings Index, expansionary mode for the 19th consecutive month

Sep 23

Trane Technologies: Total Return Is Good And Has The Right Product At The Right Time

Aug 17

Upcoming Dividend Payment

TodayNov 12 2024Ex Dividend DateDec 06 2024Dividend Pay DateDec 31 202425 days from Ex DividendBuy in the next 24 days to receive the upcoming dividend

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
How does TT dividend yield compare to the market?
SegmentDividend Yield
Company (TT)0.8%
Market Bottom 25% (US)1.3%
Market Top 25% (US)4.3%
Industry Average (Building)1.0%
Analyst forecast (TT) (up to 3 years)0.9%

Notable Dividend: TT's dividend (0.81%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: TT's dividend (0.81%) is low compared to the top 25% of dividend payers in the US market (4.36%).

Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (29.7%), TT's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (26.5%), TT's dividend payments are well covered by cash flows.

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