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Trane Technologies plc (TT)
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TT Dividends

Trane Technologies plc (TT) pays $3.98 in dividends per share, with a current dividend yield of 0.82%. The company has dividend history for 15 consecutive years.

TT Dividend Summary

Consecutive Years

15

Next Ex-Dividend Date

Sep 4, 2026

Next Payment Date

Sep 30, 2026

TT Dividends per Share (Nominal History)

View full nominal table list

This step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.

TT Dividends CAGR Chart

Trane Technologies plc (TT)

Annual Dividend History

YearDividend/ShareYoY Growth
2026(YTD)$3.15
2025$3.76+11.90%
2024$3.36+12.00%
2023$3.00+11.94%
2022$2.68+13.56%
2021$2.36+11.32%
2020$2.12+28.90%
2019$1.64+8.16%
2018$1.52+15.29%
2017$1.32+25.00%
2016$1.06+17.24%
2015$0.90+16.00%
2014$0.78+49.05%
2013$0.52+31.24%
2012$0.40+48.84%
2011$0.27+53.57%
2010$0.17-44.00%
2009$0.31-30.56%
2008$0.45+0.00%
2007$0.45+5.88%

Quarterly Dividend History

QuarterDividend/ShareYoY Growth
Q3 2026$1.05+11.70%
Q2 2026$1.05+11.70%
Q1 2026$1.05+11.70%
Q4 2025$0.94+11.90%
Q3 2025$0.94+11.90%
Q2 2025$0.94+11.90%
Q1 2025$0.94+11.90%
Q4 2024$0.84+12.00%
Q3 2024$0.84+12.00%
Q2 2024$0.84+12.00%
Q1 2024$0.84+12.00%
Q4 2023$0.75+11.94%
Q3 2023$0.75+11.94%
Q2 2023$0.75+11.94%
Q1 2023$0.75+11.94%
Q4 2022$0.67+13.56%
Q3 2022$0.67+13.56%
Q2 2022$0.67+13.56%
Q1 2022$0.67+13.56%
Q4 2021$0.59+11.32%
Q3 2021$0.59+11.32%
Q2 2021$0.59+11.32%
Q1 2021$0.59+11.32%
Q4 2020$0.53+28.90%

Dividend Yield Metrics

Current Yield
0.82%
Average Yield (TTM)
0.82%
Average Yield (3Y)
0.70%
Forward Yield on Cost (3Y)
1.31%
Forward Yield on Cost (5Y)
1.79%
Forward Yield on Cost (10Y)
3.89%

Payout Ratio Analysis

Payout Ratio (Current)
30.78%
FCF Payout Ratio
28.16%
Payout Ratio (3Y Avg)
30.66%
Payout Ratio (5Y Avg)
33.42%
FCF Payout (3Y Avg)
29.90%
FCF Payout (5Y Avg)
36.48%

Dividend Coverage

Payout Ratio
30.8%
Dividends / net income
FCF Payout Ratio
28.2%
Dividends / free cash flow
Consecutive Years
15 years
Years with regular dividend payments
5Y Dividend Growth
12.1%
Compound annual dividend growth

About Trane Technologies plc

Trane Technologies plc designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, and custom and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps; chillers; coils and condensers; auxiliary power, cold storage, and condensing units; controls contracting and commissioning, decarbonization programs, and gensets; dehumidifiers; energy and water efficiency programs; energy recovery ventilators and power solutions; energy storage; furnaces; home automation; humidifiers; HVAC performance-monitoring products; and indoor air quality assessments and related products for HVAC and transport solutions. The company also provides asset management, building management, bus air purification, bus and rail HVAC, container refrigeration, control, ductless, geothermal, data center and multi-pipe HVAC, package heating and cooling, rail refrigeration, residential air filtration, self and vehicle powered truck refrigeration, temporary heating and cooling, truck refrigeration, unitary, variable refrigerant flow, and trailer refrigeration systems. In addition, it offers industrial process refrigeration, installation contracting, lighting retrofit, medical grade refrigeration, refrigerant reclamation, renewable energy and storage, residential hybrid heating, telematics, thermostats/controls and associated digital, ventilation, and stationary cold storage solutions; packaged rooftop units; rate chambers; residential air filters; thermal energy storage; transport heater products; temperature freezers; energy infrastructure programs and management, repair and maintenance, smart and AI-enabled, and rental services; water source heat pumps; and aftermarket and OEM parts and supplies. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. The company was founded in 1885 and is headquartered in Swords, Ireland.

Swords
43,000 employees
Industrials / Industrial - Machinery
Sector
Industrials
Industry
Industrial - Machinery
CEO
David S. Regnery