Trane Technologies Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Trane Technologies (NYSE:TT) has declared a quarterly dividend of $0.84 per ordinary share, amounting to an annualized dividend of $3.36 per share.

This dividend will be payable on September 30, 2024, to shareholders recorded by September 6, 2024. Trane Technologies has a long history of paying consecutive quarterly dividends since 1919 and annual dividends since 1910.

Notably, the company has increased its quarterly dividend by 58% since March 2020.

Positive

• Quarterly dividend declared at $0.84 per share.
• Annualized dividend amounts to $3.36 per share.
• Dividend payable on September 30, 2024.
• Shareholders must be recorded by September 6, 2024.
• Consecutive quarterly dividends since 1919.
• Annual dividends paid since 1910.
• 58% increase in quarterly dividend since March 2020.

Negative

• None.

SWORDS, Ireland--(BUSINESS WIRE)-- The Board of Directors of Trane Technologies plc (NYSE:TT), a global climate innovator, declared a quarterly dividend of $0.84 per ordinary share, or $3.36 per share annualized. The dividend is payable September 30, 2024, to shareholders of record on September 6, 2024.

The Company has paid consecutive quarterly cash dividends on its common shares since 1919 and annual dividends since 1910. Since March of 2020, Trane Technologies has raised the quarterly dividend by 58 percent.

About Trane Technologies

Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes, and transportation. Learn more at tranetechnologies.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20240606702442/en/

Media:

Travis Bullard

+1 919-802-2593

Media@tranetechnologies.com

Investors:

Zachary Nagle

+1 704-990-3913

InvestorRelations@tranetechnologies.com

Source: Trane Technologies

FAQ

What is the latest dividend declared by Trane Technologies (TT)?

Trane Technologies declared a quarterly dividend of $0.84 per ordinary share.

When is the Trane Technologies (TT) dividend payable?

The dividend is payable on September 30, 2024.

What is the record date for the Trane Technologies (TT) dividend?

Shareholders must be recorded by September 6, 2024, to receive the dividend.

How has Trane Technologies (TT) changed its dividend since March 2020?

Trane Technologies has increased its quarterly dividend by 58% since March 2020.

How long has Trane Technologies (TT) been paying consecutive quarterly dividends?

Trane Technologies has been paying consecutive quarterly dividends since 1919.