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Trane Technologies (Trane Technologies) Dividend Yield %

: 1.03% (As of Today)
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As of today (2024-04-24), the Trailing Annual Dividend Yield of Trane Technologies is 1.03%.

Warning Sign:

Trane Technologies PLC stock dividend yield is close to 10-year low.

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

TT' s Dividend Yield % Range Over the Past 10 Years
Min: 0.98   Med: 1.98   Max: 2.96
Current: 1.03

During the past 13 years, the highest Dividend Yield of Trane Technologies was 2.96%. The lowest was 0.98%. And the median was 1.98%.

TT's Dividend Yield % is ranked worse than
82.38% of 959 companies
in the Construction industry
Industry Median: 2.82 vs TT: 1.03

Trane Technologies's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.35.

During the past 13 years, the highest Dividend Payout Ratio of Trane Technologies was 0.52. The lowest was 0.31. And the median was 0.37.

As of today (2024-04-24), the Forward Dividend Yield % of Trane Technologies is 1.12%.

Trane Technologies's Dividends per Share for the three months ended in Dec. 2023 was $0.75.

During the past 12 months, Trane Technologies's average Dividends Per Share Growth Rate was 11.90% 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.


Trane Technologies Dividend Yield % Historical Data

The historical data trend for Trane Technologies's Dividend Yield % 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.59 1.46 1.17 1.57 1.23

Trane Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.57 1.50 1.48 1.44 1.23

Competitive Comparison

For the Building Products & Equipment subindustry, Trane Technologies's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution

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

* The bar in red indicates where Trane Technologies's Dividend Yield % falls into.



Trane Technologies Dividend Yield % Calculation

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

Trane Technologies Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.8402024-02-292024-03-012024-03-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.7502023-11-302023-12-012023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.7502023-08-312023-09-012023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.7502023-06-012023-06-022023-06-30Cash 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.

Trane Technologies's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=3.09/301.74
=1.02 %

Current Share Price is $301.74.
Trane Technologies's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.09.

Trane Technologies's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=3.36/301.74
=1.11 %

Current Share Price is $301.74.
Trane Technologies's Dividends per Share for the forward twelve months is calculated as $0.84 * 4 = $3.36.

* 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.


Trane Technologies  (NYSE:TT) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Trane Technologies Dividend Yield % Related Terms

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


Trane Technologies (Trane Technologies) Business Description

Address
170/175 Lakeview Drive, Airside Business Park, Swords County, Dublin, IRL
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 $16 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 70% of its revenue.
Executives
Mark Majocha officer: VP & Chief Accounting Officer C/O TRANE TECHNOLOGIES COMPANY LLC, 800-E BEATY STREET, DAVIDSON NC 28036
David S Regnery director, officer: Chair and CEO C/O INTERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Raymond D Pittard officer: Executive Vice President 800-E BEATY STREET, DAVIDSON NC 28036
Keith A Sultana officer: Senior Vice President C/O INGERSOLL RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Mairead Magner officer: Senior Vice President 800-E BEATY STREET, DAVIDSON NC 28036
De Jesus Assis Ana Paula director C/O TRANE TECHNOLOGIES COMPANY LLC, 800-E BEATY STREET, DAVIDSON NC 28036
Evan M Turtz officer: Senior Vice President C/O INGERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Linda P Hudson director
Paul A Camuti officer: Senior Vice President 800-E BEATY STREET, DAVIDSON NC 28036
Christopher J Kuehn officer: Vice President & Controller 800-E BEATY STREET, DAVIDSON NC 28036
John A Hayes director C/O BALL CORP, 10 LONGS PEAK DR, BROOMFIELD CO 80021-2510
Melissa N. Schaeffer director 1940 AIR PRODUCTS BLVD., ALLENTOWN PA 18106
Mark R George director 650 W PEACHTREE ST NW, ATLANTA GA 30308
Marcia J Avedon officer: Senior Vice President C/O INGERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Michael W Lamach director, officer: President and CEO C/O INGERSOLL-RAND CO, 800-E BEATY STREET, DAVIDSON NC 28036