Trinity Industries, Inc. Announces Quarterly Dividend of $0.31 (NYSE:TRN)

Trinity Industries, Inc. (NYSE:TRNGet Free Report) declared a quarterly dividend on Thursday, March 5th. Investors of record on Wednesday, April 15th will be paid a dividend of 0.31 per share by the transportation company on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Wednesday, April 15th.

Trinity Industries has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 16 years. Trinity Industries has a payout ratio of 72.9% indicating that its dividend is sufficiently covered by earnings.

Trinity Industries Stock Down 3.2%

Shares of Trinity Industries stock traded down $1.10 during trading hours on Thursday, reaching $33.15. 514,476 shares of the company were exchanged, compared to its average volume of 877,257. The firm has a market cap of $2.65 billion, a PE ratio of 10.76 and a beta of 1.42. The company has a debt-to-equity ratio of 4.75, a quick ratio of 1.08 and a current ratio of 1.90. Trinity Industries has a 1 year low of $22.38 and a 1 year high of $35.62. The stock’s fifty day moving average is $30.16 and its 200 day moving average is $28.46.

Trinity Industries (NYSE:TRNGet Free Report) last issued its quarterly earnings results on Thursday, February 12th. The transportation company reported $2.31 earnings per share for the quarter, topping the consensus estimate of $2.30 by $0.01. Trinity Industries had a return on equity of 21.02% and a net margin of 11.73%.The company had revenue of $611.20 million for the quarter, compared to the consensus estimate of $570.45 million. During the same quarter in the prior year, the business earned $0.39 EPS. Trinity Industries’s revenue was down 2.9% on a year-over-year basis. Trinity Industries has set its FY 2026 guidance at 1.850-2.100 EPS. As a group, equities research analysts forecast that Trinity Industries will post 1.65 earnings per share for the current year.

Trinity Industries Company Profile

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Trinity Industries, Inc is a diversified industrial company headquartered in Dallas, Texas, with roots dating back to its incorporation in 1933. The company principally serves the transportation, infrastructure and energy sectors through the design, manufacture and leasing of railcars and related components. Trinity operates multiple business segments that encompass railcar manufacturing, aftermarket parts production, railcar leasing and management, inland barge construction and leasing, as well as infrastructure products for highways and energy applications.

In its railcar segment, Trinity produces a broad portfolio of freight cars—including tank cars, covered hoppers, gondolas and autoracks—alongside critical system components such as braking systems, couplers and wheels.

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Dividend History for Trinity Industries (NYSE:TRN)

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