Trinity Industries, Inc. (TRN) to Issue Quarterly Dividend of $0.31 on January 30th

Trinity Industries, Inc. (NYSE:TRN) announced a quarterly dividend on Wednesday, December 3rd. Investors of record on Thursday, January 15th will be paid a dividend of 0.31 per share by the transportation company on Friday, January 30th. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date is Thursday, January 15th. This is a 3.3% increase from Trinity Industries’s previous quarterly dividend of $0.30.

Trinity Industries has increased 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 payout ratio of 72.9% meaning its dividend is sufficiently covered by earnings.

Trinity Industries Trading Down 0.6%

NYSE:TRN opened at $28.15 on Tuesday. The company has a market cap of $2.26 billion, a PE ratio of 24.69 and a beta of 1.46. The business’s 50 day moving average is $27.01 and its two-hundred day moving average is $27.43. The company has a quick ratio of 0.80, a current ratio of 1.88 and a debt-to-equity ratio of 4.75. Trinity Industries has a 52 week low of $22.38 and a 52 week high of $39.83.

Trinity Industries (NYSE:TRN) last posted its quarterly earnings results on Thursday, October 30th. The transportation company reported $0.38 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.38. The business had revenue of $454.10 million for the quarter, compared to analyst estimates of $532.66 million. Trinity Industries had a return on equity of 8.18% and a net margin of 4.39%.The business’s revenue was down 43.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.43 EPS. Trinity Industries has set its FY 2025 guidance at 1.550-1.70 EPS. On average, analysts predict that Trinity Industries will post 1.65 EPS for the current year.

About Trinity Industries

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.