Trinity Industries, Inc. Declares Quarterly Dividend

Rhea-AI Summary

Trinity Industries, Inc. (NYSE:TRN) has declared its 242nd consecutive quarterly dividend of 28 cents per share on its $0.01 par value common stock. The dividend is payable on October 31, 2024 to stockholders of record as of October 15, 2024. Trinity Industries, headquartered in Dallas, Texas, is a leading provider of rail transportation products and services in North America under the TrinityRail® brand. The company offers railcar leasing, management, manufacturing, maintenance, modifications, and logistics services. As of January 1, 2024, Trinity reports its financial results in two segments: Railcar Leasing and Services Group and Rail Products Group.

Positive

• Consistent dividend payment history with 242 consecutive quarterly dividends
• Maintained dividend at 28 cents per share, indicating financial stability
• Diversified business model covering various aspects of rail transportation

Negative

• None.

DALLAS--(BUSINESS WIRE)-- Trinity Industries, Inc. (NYSE:TRN) has declared a quarterly dividend of 28 cents per share on its $0.01 par value common stock. The quarterly cash dividend, representing Trinity’s 242nd consecutively paid dividend, is payable October 31, 2024 to stockholders of record on October 15, 2024.

About Trinity Industries

Trinity Industries, Inc., headquartered in Dallas, Texas, owns businesses that are leading providers of rail transportation products and services in North America. Our businesses market their railcar products and services under the trade name TrinityRail®. The TrinityRail platform provides railcar leasing and management services; railcar manufacturing; railcar maintenance and modifications; and other railcar logistics products and services. Beginning January 1, 2024, Trinity reports its financial results in two reportable business segments: (1) Railcar Leasing and Services Group, formerly the Railcar Leasing and Management Services Group, and (2) Rail Products Group. For more information, visit: www.trin.net.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240905583456/en/

Investor Contact:

Leigh Anne Mann

Vice President, Investor Relations

Trinity Industries, Inc.

(Investors) 214/631-4420

Media Contact:

Jack L. Todd

Vice President, Public Affairs

Trinity Industries, Inc.

(Media Line) 214/589-8909

Source: Trinity Industries, Inc.

FAQ

What is Trinity Industries' (TRN) latest quarterly dividend amount?

Trinity Industries (TRN) has declared a quarterly dividend of 28 cents per share on its $0.01 par value common stock.

When is the ex-dividend date for Trinity Industries' (TRN) latest dividend?

The press release does not specify the ex-dividend date. However, the dividend is payable on October 31, 2024, to stockholders of record on October 15, 2024.

How many consecutive dividends has Trinity Industries (TRN) paid?

Trinity Industries (TRN) has paid 242 consecutive quarterly dividends, demonstrating a long history of consistent dividend payments.

What are Trinity Industries' (TRN) main business segments as of 2024?

As of January 1, 2024, Trinity Industries (TRN) reports its financial results in two segments: (1) Railcar Leasing and Services Group and (2) Rail Products Group.