Trinity Industries (Trinity Industries) Dividend Payout Ratio

: 0.32 (As of Dec. 2023)

View and export this data going back to 1987. Start your Free Trial

Trinity Industries's dividend payout ratio for the months ended in Dec. 2023 was 0.32.

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.

The historical rank and industry rank for Trinity Industries's Dividend Payout Ratio or its related term are showing as below:

TRN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.62 Max: 2.63
Current: 1.08

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.

TRN's Dividend Payout Ratio is ranked worse than
89.87% of 523 companies
in the Transportation industry
Industry Median: 0.4 vs TRN: 1.08

As of today (2024-04-18), the Dividend Yield % of Trinity Industries is 4.12%.

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

Trinity Industries's Dividends per Share for the months ended in Dec. 2023 was $0.26.

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.

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.

The growth rate is calculated with least square regression.

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

Trinity Industries Dividend Payout Ratio Historical Data

The historical data trend for Trinity Industries's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Trinity Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.85

0.77

0.48

1.30

2.63

Trinity Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.52	5.20	1.30	1.00	0.32

Competitive Comparison

For the Railroads subindustry, Trinity Industries's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

For the Transportation industry and Industrials sector, Trinity Industries's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Trinity Industries's Dividend Payout Ratio falls into.

Trinity Industries Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.04	/	0.395
	=	2.63

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

Trinity Industries (NYSE:TRN) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Trinity Industries Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Trinity Industries's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Trinity Industries (Trinity Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Trinity Industries Inc (NYSE:TRN) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

TTA:Germany TTA:Germany

Address

14221 N. Dallas Parkway, Suite 1100, Dallas, TX, USA, 75254-2957

Website

https://www.trin.net

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