TRN Dividend History & Analysis | 4% Yield

TRN has a dividend yield of 4% and paid 1.23 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.97%
Payout Ratio 38.4%
Growth Rate CAGR 5y 8.2%
Consistency Lifetime 100%
Yield on Cost 5y 5.5%
Payout FCF -
Streak Years 5
Dividend Rating 68.4%
Chowder Number yield + growth 12.2% meets 12% target for healthy growth
Yield vs Average 5y +9.9% avg 3.61% vs now 3.97%
Debt / EBITDA leverage 5.6x elevated
Income per 10k invested 397 USD per year
Dividends Cash Amount per Share Yearly TRN annual dividends paid per share, showing the total cash Trinity Industries distributed to shareholders each year.
Dividend Growth Year over Year TRN year-over-year dividend growth rate, showing how Trinity Industries's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History TRN dividend yield history versus share price over the past 5 years, showing how Trinity Industries's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) ■ Price (left)

Top Dividend Payers in Construction Machinery & Heavy Transportation Equipment

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
KCR HE
Konecranes		 7,641 M 22.70% 69.00%
VOLV-B ST
AB Volvo (publ)		 74,600 M 4.11% 8.68%
VOLV-A ST
AB Volvo (publ)		 74,768 M 4.11% 8.38%
DTG XETRA
Daimler Truck Holding		 39,820 M 4.48% 6.92%
TRN NYSE
Trinity Industries		 2,935 M 3.97% 5.51%
CYD NYSE
China Yuchai International		 1,720 M 2.04% 6.87%
PCAR NASDAQ
PACCAR		 65,433 M 2.50% 5.94%
METSO HE
Metso		 14,740 M 2.80% 4.67%
8TRA ST
Traton SE		 23,007 M 2.75% 4.54%
PLOW NYSE
Douglas Dynamics		 1,068 M 3.14% 3.58%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
CYD NYSE
China Yuchai International		 1,720 M 24.15% 93.3%
WAB NYSE
Westinghouse Air Brake		 50,334 M 19.15% 100.0%
ALG NYSE
Alamo		 1,977 M 17.80% 91.7%
METSO HE
Metso		 14,740 M 16.17% 100.0%
FSS NYSE
Federal Signal		 7,253 M 15.13% 100.0%
8TRA XETRA
Traton SE		 23,105 M 23.41% 100.0%
8TRA ST
Traton SE		 23,007 M 23.25% 100.0%
PCAR NASDAQ
PACCAR		 65,433 M 11.67% 92.6%
OSK NYSE
Oshkosh		 9,673 M 10.90% 100.0%
ALSN NYSE
Allison Transmission		 9,638 M 8.69% 100.0%

TRN Dividend History

Dividend Monthly Return EX date, 4.8 years of data

Jan 0.95% 100
Feb - -
Mar - -
Apr 0.98% 100
May - -
Jun - -
Jul 1.04% 89
Aug - -
Sep - -
Oct 0.96% 100
Nov - -
Dec - -

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 20 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-07-15 2026-07-15 2026-07-31 Quarterly 0.31 0% 0.86%
2026-04-15 2026-04-15 2026-04-30 Quarterly 0.31 0% 0.91%
2026-01-15 2026-01-15 2026-01-30 Quarterly 0.31 +3.3% 1.13%
2025-10-15 2025-10-15 2025-10-31 Quarterly 0.3 0% 1.07%
2025-07-15 2025-07-15 2025-07-31 Quarterly 0.3 0% 1.09%
2025-04-15 2025-04-15 2025-04-30 Quarterly 0.3 0% 1.19%
2025-01-15 2025-01-15 2025-01-31 Quarterly 0.3 +7.1% 0.79%
2024-10-15 2024-10-15 2024-10-31 Quarterly 0.28 0% 0.77%
2024-07-15 2024-07-15 2024-07-31 Quarterly 0.28 0% 0.95%
2024-04-12 2024-04-15 2024-04-30 Quarterly 0.28 0% 1.03%
2024-01-11 2024-01-12 2024-01-31 Quarterly 0.28 +7.7% 1.12%
2023-10-12 2023-10-13 2023-10-31 Quarterly 0.26 0% 1.16%
2023-07-13 2023-07-14 2023-07-31 Quarterly 0.26 0% 1.02%
2023-04-13 2023-04-14 2023-04-28 Quarterly 0.26 0% 1.07%
2023-01-12 2023-01-13 2023-01-31 Quarterly 0.26 +13% 0.94%
2022-10-13 2022-10-14 2022-10-31 Quarterly 0.23 0% 1.05%
2022-07-14 2022-07-15 2022-07-29 Quarterly 0.23 0% 1.09%
2022-04-13 2022-04-14 2022-04-29 Quarterly 0.23 0% 0.73%
2022-01-13 2022-01-14 2022-01-31 Quarterly 0.23 +9.5% 0.76%
2021-10-14 2021-10-15 2021-10-29 Quarterly 0.21 0% 0.73%

TRN Dividend FAQ

What is the Dividend Yield of TRN?

As of July 2026, TRN's dividend yield is 3.97%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.23 USD by the current share price of 37.10.

Does TRN pay a dividend?

As of July 2026, TRN paid a dividend of 1.23 USD in the last 12 months. The last dividend was paid on 2026-07-15 and the payout was 0.31 USD.

How often does TRN pay dividends?

TRN pays dividends quarterly. Over the last 12 months, TRN has issued 4 dividend payments. The last dividend payment was made on 2026-07-15.

TRN dividend forecast

Based on historical data, the forecasted dividends per share for TRN for the next payments are between 0.309 (-0.3%) and 0.326 (+5.2%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 3.44%.

Will TRN pay dividends in 2026?

The latest dividend paid per share was 0.31 USD with an Ex-Dividend Date of 2026-07-15. The next Ex-Dividend date for Trinity Industries (TRN) is currently unknown.

What is the next Ex-Dividend Date for TRN?

The next Ex-Dividend date for Trinity Industries (TRN) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of TRN?

TRN's average dividend growth rate over the past 5 years is 8.21% per year. Strong growth: TRN's dividend growth is outpacing inflation.

What is the Yield on Cost of TRN?

TRN's 5-Year Yield on Cost is 5.51%. If you bought TRN's shares at 22.31 USD five years ago, your current annual dividend income (1.23 USD per share, trailing 12 months) equals 5.51% of your original purchase price.

What is the Payout Consistency of TRN?

TRN Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Trinity Industries has a strong track record of consistent dividend payments over its lifetime.

Does TRN have a good Dividend Yield?

TRN's 3.97% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of TRN?

The Dividend Payout Ratio of TRN is 38.4%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of TRN?

TRN's Overall Dividend Rating is 68.38%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

TRN Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in TRN's Outstanding Shares?

Trinity Industries's outstanding shares have decreased by approximately 0.86% annually over the past 3 years (Trend Reliability: -77.6%). Slightly positive: The company is modestly reducing its share count through buybacks. This provides a small tailwind to earnings per share and dividend sustainability.

Has TRN ever had a Stock Split?

Yes, the last stock split was on Nov 1, 2018 with a ratio of 1389:1000. This was a forward split: Each share became 1.39 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1985 71,115,400 0%
1986 71,412,300 +0.42%
1987 79,079,500 +10.74%
1988 79,880,100 +1.01%
1989 84,402,200 +5.66%
1990 98,388,300 +16.57%
1991 94,689,500 -3.76%
1992 108,475,200 +14.56%
1993 120,591,900 +11.17%
1994 121,546,400 +0.79%
1995 125,758,000 +3.47%
1996 130,809,600 +4.02%
1997 132,206,600 +1.07%
1998 130,559,700 -1.25%
1999 118,500,000 -9.24%
2000 111,300,000 -6.08%
2001 126,300,000 +13.48%
2002 136,500,000 +8.08%
2003 138,600,000 +1.54%
2004 143,400,000 +3.46%
2005 157,500,000 +9.83%
2006 159,800,000 +1.46%
2007 160,400,000 +0.38%
2008 153,200,000 -4.49%
2009 153,200,000 0%
2010 154,800,000 +1.04%
2011 156,200,000 +0.9%
2012 154,000,000 -1.41%
2013 154,000,000 0%
2014 155,700,000 +1.1%
2015 149,600,000 -3.92%
2016 149,400,000 -0.13%
2017 154,700,000 +3.55%
2018 138,900,000 -10.21%
2019 121,500,000 -12.53%
2020 112,200,000 -7.65%
2021 98,000,000 -12.66%
2022 83,100,000 -15.2%
2023 83,500,000 +0.48%
2024 84,200,000 +0.84%
2025 81,800,000 -2.85%
2026 81,900,000 +0.12%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-29 02:36 UTC