TRN - NYSE
Trinity Industries, Inc.
$32.10
+0.56%Trinity Industries, Inc. provides rail transportation products and services under the TrinityRail name in North America. It operates in two segments, Railcar Leasing and Management Services Group, and Rail Products Group. The Railcar Leasing and Management Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investors; and provides fleet maintenance and management services. As of December 31, 2021, it had a fleet of 106,970 owned or leased railcars. This segment serves industrial shipper and railroad companies operating in agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. The Rail Products Group segment manufactures freight and tank railcars for transporting various liquids, gases, and dry cargo; and offers railcar maintenance and modification services. This segment serves railroads, leasing companies, and industrial shippers of products in the agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. It sells or leases products and services through its own sales personnel and independent sales representatives. Trinity Industries, Inc. was incorporated in 1933 and is headquartered in Dallas, Texas.
At a Glance
Live SnapshotTrinity Industries, Inc. Dividend History
TRN Dividend Payment History
Total Payments
50
Latest Dividend
$0.3100
Annual Amount
$1.5300
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
May 21, 2026 | Jul 15, 2026 | Jul 31, 2026 | $0.3100 | $0.3100 | Quarterly | 0.00% |
Mar 5, 2026 | Apr 15, 2026 | Apr 30, 2026 | $0.3100 | $0.3100 | Quarterly | 0.00% |
Dec 3, 2025 | Jan 15, 2026 | Jan 30, 2026 | $0.3100 | $0.3100 | Quarterly | +3.33% |
Sep 4, 2025 | Oct 15, 2025 | Oct 31, 2025 | $0.3000 | $0.3000 | Quarterly | 0.00% |
May 15, 2025 | Jul 15, 2025 | Jul 31, 2025 | $0.3000 | $0.3000 | Quarterly | 0.00% |
Mar 31, 2025 | Apr 15, 2025 | Apr 30, 2025 | $0.3000 | $0.3000 | Quarterly | 0.00% |
Dec 5, 2024 | Jan 15, 2025 | Jan 31, 2025 | $0.3000 | $0.3000 | Quarterly | +7.14% |
Sep 5, 2024 | Oct 15, 2024 | Oct 31, 2024 | $0.2800 | $0.2800 | Quarterly | 0.00% |
May 20, 2024 | Jul 15, 2024 | Jul 31, 2024 | $0.2800 | $0.2800 | Quarterly | 0.00% |
Mar 7, 2024 | Apr 15, 2024 | Apr 30, 2024 | $0.2800 | $0.2800 | Quarterly | 0.00% |
Dec 6, 2023 | Jan 12, 2024 | Jan 31, 2024 | $0.2800 | $0.2800 | Quarterly | +7.69% |
Sep 6, 2023 | Oct 13, 2023 | Oct 31, 2023 | $0.2600 | $0.2600 | Quarterly | 0.00% |
May 9, 2023 | Jul 14, 2023 | Jul 31, 2023 | $0.2600 | $0.2600 | Quarterly | 0.00% |
Mar 7, 2023 | Apr 14, 2023 | Apr 28, 2023 | $0.2600 | $0.2600 | Quarterly | 0.00% |
Dec 8, 2022 | Jan 13, 2023 | Jan 31, 2023 | $0.2600 | $0.2600 | Quarterly | +13.04% |
Sep 7, 2022 | Oct 14, 2022 | Oct 31, 2022 | $0.2300 | $0.2300 | Quarterly | 0.00% |
May 10, 2022 | Jul 15, 2022 | Jul 29, 2022 | $0.2300 | $0.2300 | Quarterly | 0.00% |
Mar 11, 2022 | Apr 14, 2022 | Apr 29, 2022 | $0.2300 | $0.2300 | Quarterly | 0.00% |
Dec 10, 2021 | Jan 14, 2022 | Jan 31, 2022 | $0.2300 | $0.2300 | Quarterly | +9.52% |
Sep 8, 2021 | Oct 15, 2021 | Oct 29, 2021 | $0.2100 | $0.2100 | Quarterly | 0.00% |
May 3, 2021 | Jul 15, 2021 | Jul 30, 2021 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Mar 11, 2021 | Apr 15, 2021 | Apr 30, 2021 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Dec 10, 2020 | Jan 15, 2021 | Jan 29, 2021 | $0.2100 | $0.2100 | Quarterly | +10.53% |
Sep 10, 2020 | Oct 15, 2020 | Oct 30, 2020 | $0.1900 | $0.1900 | Quarterly | 0.00% |
May 4, 2020 | Jul 15, 2020 | Jul 31, 2020 | $0.1900 | $0.1900 | Quarterly | 0.00% |
Mar 12, 2020 | Apr 15, 2020 | Apr 30, 2020 | $0.1900 | $0.1900 | Quarterly | 0.00% |
Dec 6, 2019 | Jan 15, 2020 | Jan 31, 2020 | $0.1900 | $0.1900 | Quarterly | +11.76% |
Sep 4, 2019 | Oct 15, 2019 | Oct 31, 2019 | $0.1700 | $0.1700 | Quarterly | 0.00% |
May 6, 2019 | Jul 15, 2019 | Jul 31, 2019 | $0.1700 | $0.1700 | Quarterly | 0.00% |
Mar 7, 2019 | Apr 15, 2019 | Apr 30, 2019 | $0.1700 | $0.1700 | Quarterly | +30.77% |
Dec 6, 2018 | Jan 15, 2019 | Jan 31, 2019 | $0.1300 | $0.1300 | Quarterly | +38.30% |
Sep 13, 2018 | Oct 15, 2018 | Oct 31, 2018 | $0.1300 | $0.0940 | Quarterly | 0.00% |
May 8, 2018 | Jul 13, 2018 | Jul 31, 2018 | $0.1300 | $0.0940 | Quarterly | 0.00% |
Mar 8, 2018 | Apr 13, 2018 | Apr 30, 2018 | $0.1300 | $0.0940 | Quarterly | 0.00% |
Dec 12, 2017 | Jan 12, 2018 | Jan 31, 2018 | $0.1300 | $0.0940 | Quarterly | 0.00% |
Sep 6, 2017 | Oct 13, 2017 | Oct 31, 2017 | $0.1300 | $0.0940 | Quarterly | 0.00% |
May 2, 2017 | Jul 14, 2017 | Jul 31, 2017 | $0.1300 | $0.0940 | Quarterly | +18.99% |
Mar 8, 2017 | Apr 14, 2017 | Apr 28, 2017 | $0.1100 | $0.0790 | Quarterly | 0.00% |
Dec 8, 2016 | Jan 13, 2017 | Jan 31, 2017 | $0.1100 | $0.0790 | Quarterly | 0.00% |
Sep 8, 2016 | Oct 14, 2016 | Oct 31, 2016 | $0.1100 | $0.0790 | Quarterly | 0.00% |
May 2, 2016 | Jul 15, 2016 | Jul 29, 2016 | $0.1100 | $0.0790 | Quarterly | 0.00% |
Mar 10, 2016 | Apr 15, 2016 | Apr 29, 2016 | $0.1100 | $0.0790 | Quarterly | 0.00% |
Dec 10, 2015 | Jan 15, 2016 | Jan 29, 2016 | $0.1100 | $0.0790 | Quarterly | 0.00% |
Sep 9, 2015 | Oct 15, 2015 | Oct 30, 2015 | $0.1100 | $0.0790 | Quarterly | 0.00% |
May 4, 2015 | Jul 15, 2015 | Jul 31, 2015 | $0.1100 | $0.0790 | Quarterly | +9.72% |
Mar 5, 2015 | Apr 15, 2015 | Apr 30, 2015 | $0.1000 | $0.0720 | Quarterly | 0.00% |
Dec 11, 2014 | Jan 15, 2015 | Jan 30, 2015 | $0.1000 | $0.0720 | Quarterly | 0.00% |
Sep 10, 2014 | Oct 15, 2014 | Oct 31, 2014 | $0.1000 | $0.0720 | Quarterly | 0.00% |
May 5, 2014 | Jul 15, 2014 | Jul 31, 2014 | $0.1000 | $0.0720 | Quarterly | +33.33% |
Mar 6, 2014 | Apr 15, 2014 | Apr 30, 2014 | $0.1500 | $0.0540 | Quarterly | - |
Trinity Industries, Inc. Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
FCF Payout Ratio
Negative free cash flow while paying dividends is a major red flag. Company burning cash and cannot sustain dividend without external financing.
Dividend Growth
Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.
Sustainability
Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.
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