Trane Technologies (BSP:I1RP34) Dividend Payout Ratio : 0.18 (As of Sep. 2024)

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What is Trane Technologies Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Trane Technologies's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.18.

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

BSP:I1RP34' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.37 Max: 0.52
Current: 0.23

During the past 13 years, the highest Dividend Payout Ratio of Trane Technologies was 0.52. The lowest was 0.23. And the median was 0.37.

BSP:I1RP34's Dividend Payout Ratio is ranked better than
60.73% of 876 companies
in the Construction industry
Industry Median: 0.37 vs BSP:I1RP34: 0.23

As of today (2024-12-13), the Dividend Yield % of Trane Technologies is 0.56%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Trane Technologies was 3.82%. The lowest was 0.56%. And the median was 2.50%.

Trane Technologies's Dividends per Share for the months ended in Sep. 2024 was R$1.69.

During the past 12 months, Trane Technologies's average Dividends Per Share Growth Rate was 12.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Trane Technologies was 44.20% per year. The lowest was -27.00% per year. And the median was 7.20% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Trane Technologies Dividend Payout Ratio Historical Data

The historical data trend for Trane Technologies'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.

Trane Technologies Dividend Payout Ratio Chart

Trane Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.49

0.40

0.36

0.21

Trane Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.21	0.26	0.33	0.21	0.18

Competitive Comparison of Trane Technologies's Dividend Payout Ratio

For the Building Products & Equipment subindustry, Trane Technologies'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.

Trane Technologies's Dividend Payout Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Trane Technologies's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Trane Technologies's Dividend Payout Ratio falls into.

Trane Technologies Dividend Payout Ratio Calculation

Trane Technologies'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 )
	=	4.591	/	22.147
	=	0.21

Trane Technologies's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	1.689	/	9.331
	=	0.18

Trane Technologies (BSP:I1RP34) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Trane Technologies Dividend Payout Ratio Related Terms

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

Trane Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Trane Technologies PLC (BSP:I1RP34) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

TT:USA TT:Mexico 0Y2S:UK 2IS:Germany 2IS:Germany

Address

170/175 Lakeview Drive, Airside Business Park, Swords County, Dublin, IRL

Website

https://www.tranetechnologies.com

Trane Technologies manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard, and Thermo King brands. The $18 billion company generates approximately 70% of sales from equipment and 30% from parts and services. While the firm is domiciled in Ireland, North America accounts for over 80% of its revenue.

Trane Technologies Headlines

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