Trinity Industries, Inc. (TRN) To Go Ex-Dividend on July 15th

Trinity Industries, Inc. (NYSE:TRNGet Free Report) declared a quarterly dividend on Thursday, May 21st. Stockholders of record on Wednesday, July 15th will be given a dividend of 0.31 per share by the transportation company on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Wednesday, July 15th.

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

Trinity Industries Stock Performance

Shares of TRN opened at $35.72 on Monday. The company has a debt-to-equity ratio of 4.70, a current ratio of 1.87 and a quick ratio of 0.94. The firm’s 50 day moving average is $34.32 and its 200-day moving average is $32.06. Trinity Industries has a 12-month low of $22.38 and a 12-month high of $37.36. The stock has a market capitalization of $2.84 billion, a P/E ratio of 11.45 and a beta of 1.36.

Trinity Industries (NYSE:TRNGet Free Report) last released its earnings results on Thursday, April 30th. The transportation company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.28 by $0.04. The business had revenue of $492.00 million during the quarter, compared to analyst estimates of $538.87 million. Trinity Industries had a net margin of 12.37% and a return on equity of 21.86%. The business’s quarterly revenue was down 16.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.29 earnings per share. Trinity Industries has set its FY 2026 guidance at 2.200-2.400 EPS. Equities research analysts anticipate that Trinity Industries will post 2.3 EPS for the current fiscal year.

About Trinity Industries

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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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