Trinity Industries, Inc. Increases Quarterly Dividend to $0.28 / Share

Rhea-AI Summary

Trinity Industries, Inc. (NYSE:TRN) has announced a significant 8% increase in its quarterly dividend to 28 cents per share on its $0.01 par value common stock. This reflects the company's continued commitment to dividend growth and marks its 239th consecutive dividend payment. The dividend is payable on January 31, 2024, to stockholders of record on January 12, 2024.

Positive

• 8% increase in quarterly dividend
• 239th consecutive dividend payment

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• None.

DALLAS--(BUSINESS WIRE)-- Trinity Industries, Inc. (NYSE:TRN) has declared an increase in its quarterly dividend to 28 cents per share on its $0.01 par value common stock. The new dividend reflects an increase of approximately 8% compared to the most recent quarterly dividend of 26 cents per share and reflects a continued commitment to dividend growth. The quarterly cash dividend, representing Trinity’s 239th consecutively paid dividend, is payable January 31, 2024 to stockholders of record on January 12, 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, maintenance and modifications; and other railcar logistics products and services. 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231206378756/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 the recent quarterly dividend declared by Trinity Industries, Inc. (NYSE:TRN)?

Trinity Industries, Inc. (NYSE:TRN) has declared an increase in its quarterly dividend to 28 cents per share on its $0.01 par value common stock.

When is the new dividend payable to stockholders of Trinity Industries, Inc. (NYSE:TRN)?

The new dividend is payable on January 31, 2024, to stockholders of record on January 12, 2024.

How many consecutive dividends has Trinity Industries, Inc. (NYSE:TRN) paid?

Trinity Industries, Inc. (NYSE:TRN) has paid its 239th consecutive dividend.

What is the percentage increase in the quarterly dividend of Trinity Industries, Inc. (NYSE:TRN)?

The quarterly dividend has increased by approximately 8% compared to the most recent quarterly dividend of 26 cents per share.