Trane Technologies Dividends and Buybacks
Dividend criteria checks 4/6
Trane Technologies is a dividend paying company with a current yield of 0.82% 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 Yield | 2.0% |
| Future Dividend Yield | 0.9% |
| Dividend Growth | -4.4% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 06 Dec 24 |
| Dividend per share | US$3.360 |
| Payout ratio | 30% |
Recent dividend and buyback updates
Recent updates
Trane Technologies Q3: Strong North America And Weak China
Oct 31Trane Technologies: Good Growth Prospects, But High Valuation Limits Upside (Rating Downgrade)
Jul 29Trane 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 17Upcoming 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) | 0.8% |
| Market Bottom 25% (US) | 1.4% |
| 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 (0.82%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: TT's dividend (0.82%) is low compared to the top 25% of dividend payers in the US market (4.32%).
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.