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Trinity Industries (Trinity Industries) 3-Year Dividend Growth Rate

: 11.00% (As of Dec. 2023)
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Trinity Industries's Dividends per Share for the three months ended in Dec. 2023 was $0.26.

The historical rank and industry rank for Trinity Industries's 3-Year Dividend Growth Rate or its related term are showing as below:

TRN' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -30.7   Med: 10.2   Max: 58.3
Current: 11

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Trinity Industries was 58.30% per year. The lowest was -30.70% per year. And the median was 10.20% per year.

TRN's 3-Year Dividend Growth Rate is ranked worse than
57.14% of 357 companies
in the Transportation industry
Industry Median: 14.2 vs TRN: 11.00

During the past 12 months, Trinity Industries's average Dividends Per Share Growth Rate was 13.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Trinity Industries's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.32. As of today, Trinity Industries's Dividend Yield % is 4.17%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Trinity Industries Inc is 1.08, which seems too high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Railroads subindustry, Trinity Industries's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Trinity Industries 3-Year Dividend Growth Rate Distribution

For the Transportation industry and Industrials sector, Trinity Industries's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Trinity Industries's 3-Year Dividend Growth Rate falls into.



Trinity Industries 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Trinity Industries  (NYSE:TRN) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Trinity Industries's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.26/ 0.82
=0.32

During the past 13 years, the highest Dividend Payout Ratio of Trinity Industries was 2.63. The lowest was 0.09. And the median was 0.62.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Trinity Industries Inc is 1.08, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Trinity Industries Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2802024-04-122024-04-152024-04-30Cash DividendquarterlyUSD:USD 1.000000
USD 0.2802024-01-112024-01-122024-01-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.2602023-10-122023-10-132023-10-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.2602023-07-132023-07-142023-07-31Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Trinity Industries's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.08/25.89
=4.17 %

Current Share Price is $25.89.
Trinity Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.08.

During the past 13 years, the highest Dividend Yield of Trinity Industries was 4.98%. The lowest was 0.80%. And the median was 2.56%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Trinity Industries 3-Year Dividend Growth Rate Related Terms>


Trinity Industries (Trinity Industries) Business Description

Traded in Other Exchanges
Address
14221 N. Dallas Parkway, Suite 1100, Dallas, TX, USA, 75254-2957
Trinity Industries Inc. sells and leases railroad products and railcar maintenance services in North America. The company operates under the name TrinityRail in three main segments: railcar leasing and management services, which owns railcars and provides fleet management and administration services; rail products, which builds, sells, and modifies freight and tank railcars and their components; and all other, which sells highway products such as guardrail and other highway barriers. Customers include railroads, leasing companies, and shipping companies in the industries of agriculture, construction, consumer products, energy, and chemicals.
Executives
Eric R Marchetto other: Officer Trinity Rail 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Gregory B Mitchell other: Chief Commercial Officer 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Scott M Ewing officer: EVP & Chief Legal Officer 14221 N DALLAS PARKWAY SUITE 1100, DALLAS TX 75254
Jean Savage director 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Todd Maclin director P.O. BOX 619100, DALLAS TX 75261
Biesterfeld Robert C Jr director 14701 CHARLSON RD, EDEN PRAIRIE MN 55347
Veena M Lakkundi director 3M COMPANY, 3M CENTER, BLDG 220 09 E-02, ST. PAUL MN 55144-1000
Brian D Madison other: President, TILC 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Valueact Capital Master Fund, L.p. director, 10 percent owner, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Jason G. Anderson director ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO CA 94129
John L Adams officer: Executive Vice President 2525 STEMMONS FREEWAY, DALLAS TX 75207
Melendy E Lovett director 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
William P Ainsworth director 510 LAKE COOK ROAD, SUITE 100, DEERFIELD X1 60015
Brandon Boze director, 10 percent owner, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Tyrone Michael Jordan director 8501 NORTH SCOTTSDALE ROAD, SUITE 100, SCOTTSDALE AZ 85253

Trinity Industries (Trinity Industries) Headlines