TRN Dividend History & Analysis | 4.5% Yield

TRN has a dividend yield of 4.5% and paid 1.21 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 4.50%
Payout Ratio 140.7%
Growth Rate CAGR 5y 9.33%
Consistency Lifetime 96.6%
Yield on Cost 5y 4.61%
Payout FCF -
Streak Years 53
Dividend Rating 75.61%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.

Top Dividend Payers in Construction Machinery & Heavy Transportation Equipment

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
8TRA 19,735 M 5.60% 8.54%
DTG 36,856 M 5.0% 6.62%
PCAR 66,946 M 2.59% 5.68%
WAC 1,491 M 2.65% 4.28%
GBX 1,573 M 2.78% 3.48%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
8TRA 19,735 M 61.5% 89.1%
ALG 2,366 M 21.0% 96.1%
WAB 41,050 M 20.1% 97.3%
DTG 36,856 M 20.9% 98.8%
FSS 6,835 M 11.7% 86.3%

Quality Dividend Peers in Construction Machinery & Heavy Transportation Equipment

ALSN
CMI
Cummins
1.99% Yield

TRN Dividend History: Last 50 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2026-01-15 2026-01-15 2026-01-30 Quarterly 0.31 3.3% 1.13%
2025-10-15 2025-10-15 2025-10-31 Quarterly 0.3 0% 1.07%
2025-07-15 2025-07-15 2025-07-31 Quarterly 0.3 0% 1.09%
2025-04-15 2025-04-15 2025-04-30 Quarterly 0.3 0% 1.19%
2025-01-15 2025-01-15 2025-01-31 Quarterly 0.3 7.1% 0.79%
2024-10-15 2024-10-15 2024-10-31 Quarterly 0.28 0% 0.77%
2024-07-15 2024-07-15 2024-07-31 Quarterly 0.28 0% 0.95%
2024-04-12 2024-04-15 2024-04-30 Quarterly 0.28 0% 1.03%
2024-01-11 2024-01-12 2024-01-31 Quarterly 0.28 7.7% 1.12%
2023-10-12 2023-10-13 2023-10-31 Quarterly 0.26 0% 1.16%
2023-07-13 2023-07-14 2023-07-31 Quarterly 0.26 0% 1.02%
2023-04-13 2023-04-14 2023-04-28 Quarterly 0.26 0% 1.07%
2023-01-12 2023-01-13 2023-01-31 Quarterly 0.26 13% 0.94%
2022-10-13 2022-10-14 2022-10-31 Quarterly 0.23 0% 1.05%
2022-07-14 2022-07-15 2022-07-29 Quarterly 0.23 0% 1.09%
2022-04-13 2022-04-14 2022-04-29 Quarterly 0.23 0% 0.73%
2022-01-13 2022-01-14 2022-01-31 Quarterly 0.23 9.5% 0.76%
2021-10-14 2021-10-15 2021-10-29 Quarterly 0.21 0% 0.73%
2021-07-14 2021-07-15 2021-07-30 Quarterly 0.21 0% 0.78%
2021-04-14 2021-04-15 2021-04-30 Quarterly 0.21 0% 0.74%
2021-01-14 2021-01-15 2021-01-29 Quarterly 0.21 10.5% N/A
2020-10-14 2020-10-15 2020-10-30 Quarterly 0.19 0% N/A
2020-07-14 2020-07-15 2020-07-31 Quarterly 0.19 0% N/A
2020-04-14 2020-04-15 2020-04-30 Quarterly 0.19 0% N/A
2020-01-14 2020-01-15 2020-01-31 Quarterly 0.19 11.8% N/A
2019-10-11 2019-10-15 2019-10-31 Quarterly 0.17 0% N/A
2019-07-12 2019-07-15 2019-07-31 Quarterly 0.17 0% N/A
2019-04-12 2019-04-15 2019-04-30 Quarterly 0.17 30.8% N/A
2019-01-14 2019-01-15 2019-01-31 Quarterly 0.13 38.9% N/A
2018-10-12 2018-10-15 2018-10-31 Quarterly 0.0936 0% N/A
2018-07-12 2018-07-13 2018-07-31 Quarterly 0.0936 0% N/A
2018-04-12 2018-04-13 2018-04-30 Quarterly 0.0936 0% N/A
2018-01-11 2018-01-12 2018-01-31 Quarterly 0.0936 0% N/A
2017-10-12 2017-10-13 2017-10-31 Quarterly 0.0936 0% N/A
2017-07-12 2017-07-14 2017-07-31 Quarterly 0.0936 18.2% N/A
2017-04-11 2017-04-14 2017-04-28 Quarterly 0.0792 0% N/A
2017-01-11 2017-01-13 2017-01-31 Quarterly 0.0792 0% N/A
2016-10-12 2016-10-14 2016-10-31 Quarterly 0.0792 0% N/A
2016-07-13 2016-07-15 2016-07-29 Quarterly 0.0792 0% N/A
2016-04-13 2016-04-15 2016-04-29 Quarterly 0.0792 0% N/A
2016-01-13 2016-01-15 2016-01-29 Quarterly 0.0792 0% N/A
2015-10-13 2015-10-15 2015-10-30 Quarterly 0.0792 0% N/A
2015-07-13 2015-07-15 2015-07-31 Quarterly 0.0792 10% N/A
2015-04-13 2015-04-15 2015-04-30 Quarterly 0.072 0% N/A
2015-01-13 2015-01-15 2015-01-30 Quarterly 0.072 0% N/A
2014-10-10 2014-10-15 2014-10-31 Quarterly 0.072 0% N/A
2014-07-11 2014-07-15 2014-07-31 Quarterly 0.072 -33.3% N/A
2014-04-11 2014-04-15 2014-04-30 Quarterly 0.108 0% N/A
2014-01-13 2014-01-15 2014-01-31 Quarterly 0.108 0% N/A
2013-10-10 2013-10-15 2013-10-31 Quarterly 0.108 0% N/A

TRN Dividend FAQ

Trinity Industries Inc. (NYSE: TRN) operates under the TrinityRail brand, offering railcar products and services in North America through two distinct segments: the Railcar Leasing and Services Group and the Rail Products Group.

What is the Dividend Yield of TRN?

As of February 2026, TRN`s dividend yield is 4.50%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.21 USD by the current share price of 30.39.

Does TRN pay a dividend?

As of February 2026, TRN paid a dividend of 1.21 USD in the last 12 months. The last dividend was paid on 2026-01-15 and the payout was 0.31 USD.

How often does TRN pay dividends?

TRN pays dividends quarterly. Over the last 12 months, TRN has issued 4 dividend payments. The last dividend payment was made on 2026-01-15.

TRN dividend forecast

Based on historical data, the forecasted dividends per share for TRN for the next 4 payments are between 0.322 (+3.9%) and 0.341 (+10.0%).
This indicates a solid dividend increase compared to the last payment.

Will TRN pay dividends in 2026?

The latest dividend paid per share was 0.31 USD with an Ex-Dividend Date of 2026-01-15. The next Ex-Dividend date for Trinity Industries (TRN) is currently unknown.

What is the next Ex-Dividend Date for TRN?

The next Ex-Dividend date for Trinity Industries (TRN) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of TRN?

TRN's average dividend growth rate over the past 5 years is 9.33% per year.
Strong growth: TRN's Dividend growth is outpacing inflation.

What is the Yield on Cost of TRN?

TRN's 5-Year Yield on Cost is 4.61%. If you bought TRN's shares at 26.22 USD five years ago, your current annual dividend income (1.21 USD per share, trailing 12 months) equals 4.61% of your original purchase price.

What is the Payout Consistency of TRN?

TRN Payout Consistency is 96.6%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: Trinity Industries has a strong track record of consistent dividend payments over its lifetime.

Does TRN have a good Dividend Yield?

TRN`s 4.50% Dividend Yield is considered as good. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of TRN?

The Dividend Payout Ratio of TRN is 140.7%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of TRN?

TRN`s Overall Dividend Rating is 75.61%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

TRN Outstanding Shares Analysis

What is the Trend in TRN's Outstanding Shares?

Trinity Industries's outstanding shares have decreased by approximately 0.96% annually over the past 3 years (Trend Reliability: -33.3%).

Slightly positive: The company is modestly reducing its share count through buybacks. This provides a small tailwind to earnings per share and dividend sustainability.

Has TRN ever had a Stock Split?

Yes, the last stock split was on Nov 1, 2018 with a ratio of 1389:1000.

This was a forward split: Each share became 1.39 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year Number of Shares Annual Growth Rate
1985 71,115,400
1986 71,412,300 +0.42%
1987 79,079,500 +10.74%
1988 79,880,100 +1.01%
1989 84,402,200 +5.66%
1990 98,388,300 +16.57%
1991 94,689,500 -3.76%
1992 108,475,200 +14.56%
1993 120,591,900 +11.17%
1994 121,546,400 +0.79%
1995 125,758,000 +3.47%
1996 130,809,600 +4.02%
1997 132,206,600 +1.07%
1998 130,559,700 -1.25%
1999 118,500,000 -9.24%
2000 111,300,000 -6.08%
2001 126,300,000 +13.48%
2002 136,500,000 +8.08%
2003 138,600,000 +1.54%
2004 143,400,000 +3.46%
2005 157,500,000 +9.83%
2006 159,800,000 +1.46%
2007 160,400,000 +0.38%
2008 153,200,000 -4.49%
2009 153,200,000
2010 154,800,000 +1.04%
2011 156,200,000 +0.9%
2012 154,000,000 -1.41%
2013 154,000,000
2014 155,700,000 +1.1%
2015 149,600,000 -3.92%
2016 149,400,000 -0.13%
2017 154,700,000 +3.55%
2018 138,900,000 -10.21%
2019 121,500,000 -12.53%
2020 112,200,000 -7.65%
2021 98,000,000 -12.66%
2022 83,100,000 -15.2%
2023 83,500,000 +0.48%
2024 84,200,000 +0.84%
2025 81,900,000 -2.73%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-02-04 02:40