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Trane Technologies Increases Dividend by 12%, Declares Quarterly Dividend

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Trane Technologies (NYSE:TT) has announced a 12% increase in its quarterly dividend to $0.94 per ordinary share, equivalent to $3.76 per share annualized. The dividend will be paid on March 31, 2025, to shareholders of record as of March 7, 2025.

The company highlighted its strong financial performance, noting a free cash flow conversion of 108% of adjusted net earnings since its 2020 launch. The dividend has increased by more than 75% during this period. Trane Technologies has maintained an impressive dividend history, having paid consecutive quarterly dividends since 1919 and annual dividends since 1910.

Trane Technologies (NYSE:TT) ha annunciato un aumento del 12% del suo dividendo trimestrale a $0,94 per azione ordinaria, equivalente a $3,76 per azione su base annua. Il dividendo sarà pagato il 31 marzo 2025 agli azionisti registrati entro il 7 marzo 2025.

L'azienda ha evidenziato le sue solide performance finanziarie, segnalando una conversione del flusso di cassa libero del 108% degli utili netti rettificati dalla sua lancio nel 2020. Il dividendo è aumentato di oltre il 75% durante questo periodo. Trane Technologies ha mantenuto una storia di dividendi impressionante, avendo pagato dividendi trimestrali consecutivi dal 1919 e dividendi annuali dal 1910.

Trane Technologies (NYSE:TT) ha anunciado un aumento del 12% en su dividendo trimestral a $0.94 por acción ordinaria, lo que equivale a $3.76 por acción anualmente. El dividendo se pagará el 31 de marzo de 2025 a los accionistas registrados hasta el 7 de marzo de 2025.

La empresa destacó su sólido desempeño financiero, señalando una conversión de flujo de caja libre del 108% de las ganancias netas ajustadas desde su lanzamiento en 2020. El dividendo ha aumentado más del 75% durante este período. Trane Technologies ha mantenido una impresionante historia de dividendos, habiendo pagado dividendos trimestrales consecutivos desde 1919 y dividendos anuales desde 1910.

트레인 테크놀로지스 (NYSE:TT)는 분기 배당금을 $0.94 보통주당으로 12% 인상한다고 발표했으며, 연간으로는 주당 $3.76에 해당합니다. 배당금은 2025년 3월 31일에, 2025년 3월 7일 기준의 주주들에게 지급됩니다.

회사는 2020년 출시 이후 조정된 순이익의 108%에 해당하는 자유 현금 흐름 전환을 언급하며 강력한 재무 성과를 강조했습니다. 이 기간 동안 배당금은 75% 이상 증가했습니다. 트레인 테크놀로지스는 1919년 이래로 연속적으로 분기 배당금을 지급해온 인상적인 배당 이력을 유지해 왔으며, 1910년부터는 연간 배당금을 지급하고 있습니다.

Trane Technologies (NYSE:TT) a annoncé une augmentation de 12% de son dividende trimestriel à $0.94 par action ordinaire, ce qui équivaut à $3.76 par action sur une base annuelle. Le dividende sera payé le 31 mars 2025 aux actionnaires inscrits au 7 mars 2025.

L'entreprise a souligné sa performance financière solide, notant une conversion de flux de trésorerie libre de 108% des bénéfices nets ajustés depuis son lancement en 2020. Le dividende a augmenté de plus de 75% durant cette période. Trane Technologies a maintenu une histoire de dividende impressionnante, ayant payé des dividendes trimestriels consécutifs depuis 1919 et des dividendes annuels depuis 1910.

Trane Technologies (NYSE:TT) hat eine Erhöhung der vierteljährlichen Dividende um 12% auf $0,94 pro Stammaktie angekündigt, was einem jährlichen Betrag von $3,76 pro Aktie entspricht. Die Dividende wird am 31. März 2025 an die Aktionäre ausgezahlt, die bis zum 7. März 2025 registriert sind.

Das Unternehmen hob seine starke finanzielle Leistung hervor und vermerkte eine Umwandlung des freien Cashflows von 108% der bereinigten Nettogewinne seit der Einführung im Jahr 2020. Die Dividende ist in diesem Zeitraum um mehr als 75% gestiegen. Trane Technologies hat eine beeindruckende Dividendenhistorie, da es seit 1919 aufeinanderfolgende vierteljährliche Dividenden und seit 1910 jährliche Dividenden gezahlt hat.

Positive
  • 12% increase in quarterly dividend to $0.94 per share
  • 108% free cash flow conversion of adjusted net earnings since 2020
  • 75% dividend increase since 2020 launch
  • Over 100-year track record of consistent dividend payments
Negative
  • None.

SWORDS, Ireland--(BUSINESS WIRE)-- Trane Technologies plc (NYSE:TT), a global climate innovator, announced the Board of Directors has approved a 12% increase to the dividend, resulting in a quarterly dividend of $0.94 per ordinary share, or $3.76 per share annualized. The dividend is payable March 31, 2025, to shareholders of record on March 7, 2025.

“Our focused sustainability strategy, proven business operating system and relentless investment in growth and innovation enables us to consistently deliver a leading growth profile, strong margins and powerful free cash flow,” said Dave Regnery, chair and CEO, Trane Technologies. “Since launching Trane Technologies in 2020, we have delivered free cash flow conversion of 108% of adjusted net earnings, enabling us to execute our balanced capital allocation strategy and raise the dividend by more than 75%. We are well positioned to deliver continued strong financial performance and differentiated shareholder returns over the long term.”

Today’s announcement reflects the Company’s confidence in its ability to generate strong free cash flow in the future and pay a competitive and growing dividend over time.

The Company has paid consecutive quarterly cash dividends on its common shares since 1919 and annual dividends since 1910.

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.

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 Trane Technologies' new quarterly dividend amount for 2025?

Trane Technologies' new quarterly dividend is $0.94 per share, or $3.76 per share annualized, representing a 12% increase.

When will TT's newly announced dividend be paid?

The dividend will be paid on March 31, 2025, to shareholders of record as of March 7, 2025.

How much has TT increased its dividend since 2020?

Trane Technologies has increased its dividend by more than 75% since its launch in 2020.

What is TT's free cash flow conversion rate since 2020?

Trane Technologies has achieved a free cash flow conversion rate of 108% of adjusted net earnings since 2020.

How long has Trane Technologies been paying dividends?

Trane Technologies has paid consecutive quarterly dividends since 1919 and annual dividends since 1910.

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