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Trinity Industries, Inc. Increases Quarterly Dividend

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Trinity Industries, Inc. (NYSE:TRN) has increased its quarterly dividend by 11% to 21 cents per share from the previous 19 cents. This marks the 227th consecutive dividend payment by the company. The new dividend is payable on January 29, 2021 to shareholders on record as of January 15, 2021.

Trinity, based in Dallas, Texas, is a prominent provider of rail transportation products and services in North America, operating through segments including Railcar Leasing and Management Services, Rail Products, and more.

Positive
  • Dividend increased by 11% to 21 cents per share, reflecting a strong commitment to shareholder returns.
  • Continued consistency with the 227th consecutive dividend payment indicates stability and reliability.
Negative
  • None.

DALLAS--()--Trinity Industries, Inc. (NYSE:TRN) has declared an increase in its quarterly dividend to 21 cents per share on its $0.01 par value common stock. The new dividend reflects an increase of 11% compared to the most recent quarterly dividend of 19 cents per share. The quarterly cash dividend, representing Trinity’s 227th consecutively paid dividend, is payable January 29, 2021 to stockholders of record on January 15, 2021.

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 rail-related 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 also owns businesses engaged in the manufacture of products used on the nation’s roadways and in traffic control, as well as a logistics business that primarily provides support services to Trinity. Trinity reports its financial results in three principal business segments: the Railcar Leasing and Management Services Group, the Rail Products Group, and the All Other Group. For more information, visit: www.trin.net.

Contacts

Investor Contact:
Jessica L. Greiner
Vice President, Investor Relations and Communications
Trinity Industries, Inc.
(Investors) 214/631-4420

Media Contact:
Jack L. Todd
Vice President, Public Affairs
Trinity Industries, Inc.
(Media Line) 214/589-8909

 

FAQ

What is the new dividend amount for TRN?

The new dividend amount for Trinity Industries (TRN) is 21 cents per share.

When will the new dividend be paid?

The new dividend will be paid on January 29, 2021.

What is the date of record for the dividend?

The record date for the dividend is January 15, 2021.

How much has the dividend increased for TRN?

The dividend has increased by 11% from 19 cents to 21 cents per share.

How many consecutive dividends has TRN paid?

Trinity Industries has paid 227 consecutive dividends.

Trinity Industries, Inc.

NYSE:TRN

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3.05B
81.84M
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2.41%
Railroads
Railroad Equipment
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United States of America
DALLAS