TRN Dividends
Trinity Industries, Inc. (TRN) pays $1.22 in dividends per share, with a current dividend yield of 3.51%. The company has dividend history for 15 consecutive years.
TRN Dividend Summary
3.51%
$1.22
38.98%
Consecutive Years
15
Next Ex-Dividend Date
Jul 15, 2026
Next Payment Date
Jul 31, 2026
TRN Dividends per Share (Nominal History)
View full nominal table listThis step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.
TRN Dividends CAGR Chart
Trinity Industries, Inc. (TRN)
Annual Dividend History
| Year | Dividend/Share | YoY Growth |
|---|---|---|
| 2026(YTD) | $0.93 | — |
| 2025 | $1.20 | +7.14% |
| 2024 | $1.12 | +7.69% |
| 2023 | $1.04 | +13.04% |
| 2022 | $0.92 | +9.52% |
| 2021 | $0.84 | +10.53% |
| 2020 | $0.76 | +18.75% |
| 2019 | $0.64 | +70.95% |
| 2018 | $0.37 | +8.33% |
| 2017 | $0.35 | +9.09% |
| 2016 | $0.32 | +4.76% |
| 2015 | $0.30 | +20.00% |
| 2014 | $0.25 | +40.00% |
| 2013 | $0.18 | +25.00% |
| 2012 | $0.14 | +17.65% |
| 2011 | $0.12 | +6.25% |
| 2010 | $0.12 | +0.00% |
| 2009 | $0.12 | +6.67% |
| 2008 | $0.11 | +20.00% |
| 2007 | $0.09 | +17.19% |
Quarterly Dividend History
| Quarter | Dividend/Share | YoY Growth |
|---|---|---|
| Q3 2026 | $0.31 | +3.33% |
| Q2 2026 | $0.31 | +3.33% |
| Q1 2026 | $0.31 | +3.33% |
| Q4 2025 | $0.30 | +7.14% |
| Q3 2025 | $0.30 | +7.14% |
| Q2 2025 | $0.30 | +7.14% |
| Q1 2025 | $0.30 | +7.14% |
| Q4 2024 | $0.28 | +7.69% |
| Q3 2024 | $0.28 | +7.69% |
| Q2 2024 | $0.28 | +7.69% |
| Q1 2024 | $0.28 | +7.69% |
| Q4 2023 | $0.26 | +13.04% |
| Q3 2023 | $0.26 | +13.04% |
| Q2 2023 | $0.26 | +13.04% |
| Q1 2023 | $0.26 | +13.04% |
| Q4 2022 | $0.23 | +9.52% |
| Q3 2022 | $0.23 | +9.52% |
| Q2 2022 | $0.23 | +9.52% |
| Q1 2022 | $0.23 | +9.52% |
| Q4 2021 | $0.21 | +10.53% |
| Q3 2021 | $0.21 | +10.53% |
| Q2 2021 | $0.21 | +10.53% |
| Q1 2021 | $0.21 | +10.53% |
| Q4 2020 | $0.19 | +11.76% |
Dividend Yield Metrics
- Current Yield
- 3.51%
- Average Yield (TTM)
- 3.51%
- Average Yield (3Y)
- 3.22%
- Forward Yield on Cost (3Y)
- 5.01%
- Forward Yield on Cost (5Y)
- 6.36%
- Forward Yield on Cost (10Y)
- 11.52%
Payout Ratio Analysis
- Payout Ratio (Current)
- 38.98%
- FCF Payout Ratio
- N/A
- Payout Ratio (3Y Avg)
- 61.33%
- Payout Ratio (5Y Avg)
- 97.40%
- FCF Payout (3Y Avg)
- 114.32%
- FCF Payout (5Y Avg)
- 78.39%
An FCF payout above 100% means dividends exceeded the period's free cash flow, often because of temporarily depressed FCF (one-off capex or working-capital swings) rather than an unfunded dividend. Compare against the earnings payout ratio and the multi-year trend before drawing a conclusion.
Dividend Coverage
About Trinity Industries, Inc.
Trinity Industries, Inc. operates in North America, providing railway transportation solutions under its TrinityRail brand. The company is organized into two main divisions: Railcar Leasing and Management Services, and Rail Products. The Railcar Leasing and Management Services group focuses on leasing freight and tank railcars, overseeing railcar leases on behalf of third-party investors, and offering comprehensive fleet maintenance and management. As of December 31, 2021, this segment managed a fleet of 106,970 railcars, which it either owned or leased. Its customers are industrial shippers and railroad companies across various sectors, including agriculture, construction and metals, consumer goods, energy, and refined products and chemicals. Conversely, the Rail Products Group manufactures freight and tank railcars designed for transporting diverse liquids, gases, and dry cargo. This division also provides railcar maintenance and modification services. Its clientele includes railroads, leasing businesses, and industrial shippers in the same key markets: agriculture, construction and metals, consumer products, energy, and refined products and chemicals. Trinity Industries distributes its offerings via both its internal sales teams and independent representatives. Established in 1933, the company maintains its headquarters in Dallas, Texas.
- Sector
- Industrials
- Industry
- Railroads
- CEO
- E. Jean Savage