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

Trinity Industries, Inc. (NYSE:TRN) announced a quarterly dividend on Thursday, May 21st. Investors 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 yield of 3.6%. The ex-dividend date is Wednesday, July 15th.

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

Trinity Industries Trading Up 1.8%

TRN opened at $34.39 on Friday. Trinity Industries has a twelve month low of $22.38 and a twelve month high of $37.36. The company has a 50-day simple moving average of $32.75 and a 200 day simple moving average of $30.22. The company has a quick ratio of 0.94, a current ratio of 1.87 and a debt-to-equity ratio of 4.70. The stock has a market capitalization of $2.73 billion, a price-to-earnings ratio of 11.02 and a beta of 1.40.

Trinity Industries (NYSE:TRN) last posted its quarterly earnings data on Thursday, April 30th. The transportation company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.04. Trinity Industries had a net margin of 12.37% and a return on equity of 21.86%. The business had revenue of $492.00 million during the quarter, compared to analysts’ expectations of $538.87 million. During the same quarter in the prior year, the business posted $0.29 earnings per share. Trinity Industries’s revenue was down 16.0% compared to the same quarter last year. Trinity Industries has set its FY 2026 guidance at 2.200-2.400 EPS. Analysts predict that Trinity Industries will post 2.3 EPS for the current fiscal year.

Trinity Industries Company Profile

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.