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Trinity Industries, Inc. Declares Quarterly Dividend
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Trinity Industries has announced a quarterly dividend of 26 cents per share, marking the 236th consecutive dividend payment. This dividend is set to be payable on April 28, 2023, to shareholders recorded by April 14, 2023. The company operates in the rail transportation sector, providing products and services primarily under the TrinityRail brand. Trinity's business segments include Railcar Leasing and Rail Products, indicating its strong position in the North American market.
Positive
Consistent income generation reflected by the 236th consecutive dividend payment.
Quarterly dividend of 26 cents enhances shareholder returns.
Negative
None.
DALLAS--(BUSINESS WIRE)--
Trinity Industries, Inc. (NYSE:TRN) has declared a quarterly dividend of 26 cents per share on its $0.01 par value common stock. The quarterly cash dividend, representing Trinity’s 236th consecutively paid dividend, is payable April 28, 2023 to stockholders of record on April 14, 2023.
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, as well as railcar manufacturing, maintenance and modifications. Trinity reports its financial results in two principal business segments: the Railcar Leasing and Management Services Group and the Rail Products Group. For more information, visit: www.trin.net.