Trane Technologies Stock

Trane Technologies Dividend 2024

Trane Technologies Dividend

3 USD

Trane Technologies Dividend yield

0.73 %

Ticker

TT

ISIN

IE00BK9ZQ967

WKN

A2P09K

How much dividend does Trane Technologies 2024 pay?

According to the latest status from December 2024, Trane Technologies paid a total of 3 USD per share in dividends within the last 12 months. With the current Trane Technologies price of 412.18 USD, this corresponds to a dividend yield of 0.73 %. A dividend is paid 4 times per year.

0.73 % Dividend Yield=
3 USD Dividend
412.18 USD Stock Price

Historical Trane Technologies Dividends

A dividend is paid 4 times per year. Last year, the payout months were January, April, July, October and December.

PaydateDividend
1/6/20250.84
10/6/20240.84
7/7/20240.84
3/29/20240.84
12/30/20230.75
10/1/20230.75
7/1/20230.75
4/2/20230.75
1/1/20230.67
10/1/20220.67
7/2/20220.67
4/3/20220.67
1/2/20220.59
10/2/20210.59
7/3/20210.59
4/4/20210.59
1/3/20210.53
10/3/20200.53
7/4/20200.53
4/12/20200.53
1
2
3
4
5
...
7

Trane Technologies dividend history and estimates

In 2023, Trane Technologies paid a dividend amounting to 3 USD. Dividend means that Trane Technologies distributes a portion of its profits to its owners.
  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details

Dividend

Dividend Overview

The dividend per year chart for Trane Technologies provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Trane Technologies’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Trane Technologies's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Trane Technologies Dividend History

DateTrane Technologies Dividend
2028e3.51 undefined
2027e3.51 undefined
2026e3.5 undefined
2025e3.51 undefined
2024e3.52 undefined
20233 undefined
20222.68 undefined
20212.36 undefined
20202.12 undefined
20192.12 undefined
20181.96 undefined
20171.7 undefined
20161.36 undefined
20151.16 undefined
20141 undefined
20130.84 undefined
20120.64 undefined
20110.43 undefined
20100.28 undefined
20090.5 undefined
20080.72 undefined
20070.72 undefined
20060.68 undefined
20050.57 undefined
20040.44 undefined

Is the Trane Technologies Dividend Safe?

Trane Technologies has been increasing the dividend for 3 years.

Over the past 10 years, Trane Technologies has increased it by an annual 13.575 %.

Over a five-year period, the distribution increased by 8.886%.

Analysts expect a Dividend Increase of 8.245% for the current fiscal year.

Trane Technologies dividend payout ratio

In 2023, Trane Technologies had a payout ratio of 45.47%. The payout ratio indicates the percentage of the company's profits that Trane Technologies distributes as dividends.
  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Trane Technologies represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Trane Technologies could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Trane Technologies's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Trane Technologies Payout Ratio History

DateTrane Technologies Payout ratio
2028e41.3 %
2027e41.1 %
2026e42.19 %
2025e40.61 %
2024e40.49 %
202345.47 %
202235.88 %
202140.14 %
202060.4 %
201936.68 %
201836.64 %
201733.6 %
201624.16 %
201546.77 %
201429.41 %
201340.38 %
201219.57 %
201142.57 %
201014.89 %
200936.5 %
2008-8.26 %
20075.36 %
200621.32 %
200518.45 %
200412.68 %

Dividend Details

Understanding Trane Technologies's Dividend Distributions

Trane Technologies’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Trane Technologies's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Trane Technologies's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Trane Technologies’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Trane Technologies Aktienanalyse

What does Trane Technologies do?

Trane Technologies is a global company operating in the air and energy technology industry. Headquartered in Dublin, Ireland, the company is listed on the New York Stock Exchange and employs approximately 36,000 employees worldwide. Trane's history dates back to its founder James Trane, who started a small plumbing and heating business in La Crosse, Wisconsin in 1885. In 1913, the company developed the first air conditioning system for retail and began manufacturing refrigeration systems. Over the following decades, the company expanded its activities in the heating and air conditioning industry. In 1984, Trane merged with American Standard, another company operating in the air and energy technology sector. In 2008, the company was renamed Trane Inc. and joined the Irish company Ingersoll Rand in 2013. In April 2020, the company was renamed Trane Technologies. Trane Technologies' business model is based on the development and manufacture of technologies that contribute to sustainability. The company offers products and services in the areas of air conditioning and refrigeration, heating and heat exchange, as well as air purification and ventilation. Trane's goal is to improve the energy efficiency of buildings and facilities, thereby reducing CO2 emissions and promoting sustainability. The company has five business segments: Residential HVAC, Commercial HVAC, Transport Refrigeration, Power Solutions, and Aftermarket Services. In the Residential HVAC segment, Trane Technologies offers heating and air conditioning systems for private households. The product range includes air conditioners, heat pumps, and humidifiers. In the Commercial HVAC segment, the company develops and manufactures heating, ventilation, air conditioning, and building management systems for businesses and public institutions. This includes energy monitoring, air conditioning, and lighting systems. The Transport Refrigeration segment develops and manufactures cooling systems for freight transportation. This includes refrigerated trailers, containers, and air cooling devices. Power Solutions offers power generation and storage technologies. The portfolio includes batteries and inverters for solar systems, among other products. The Aftermarket Services segment includes service and spare parts for Trane Technologies' products and third-party products. The offering includes maintenance contracts, repairs, consulting, and training. Among Trane Technologies' most innovative products are the EcoWise climate and refrigerant systems, which use environmentally friendly refrigerants. These systems can help reduce CO2 emissions and energy consumption by up to 50%. Additionally, the company offers special IAQ (Indoor Air Quality) systems that enable air purification and disinfection in indoor spaces. As a result, air quality can be improved, and the risk of illnesses can be reduced. Trane Technologies is an innovative company focusing on sustainability. With a wide range of products and services, the company addresses the challenges of climate change and strives for resource-efficient energy use. Trane Technologies is one of the most popular companies on Eulerpool.com.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Frequently Asked Questions about Trane Technologies stock

How much dividend does Trane Technologies pay?

Over the past 12 months, Trane Technologies paid a dividend of 3 USD . This corresponds to a dividend yield of about 0.73 %. For the coming 12 months, Trane Technologies is expected to pay a dividend of 3.51 USD.

What is the dividend yield of Trane Technologies?

The current dividend yield of Trane Technologies is 0.73 %.

When does Trane Technologies pay dividends?

Trane Technologies pays a quarterly dividend. This is distributed in the months of March, July, October, January.

How secure is the dividend of Trane Technologies?

Trane Technologies paid dividends every year for the past 25 years.

What is the dividend of Trane Technologies?

For the upcoming 12 months, dividends amounting to 3.51 USD are expected. This corresponds to a dividend yield of 0.85 %.

In which sector is Trane Technologies located?

Trane Technologies is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Trane Technologies kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Trane Technologies from 12/31/2024 amounting to 0.84 USD, you needed to have the stock in your portfolio before the ex-date on 12/6/2024.

When did Trane Technologies pay the last dividend?

The last dividend was paid out on 12/31/2024.

What was the dividend of Trane Technologies in the year 2023?

In the year 2023, Trane Technologies distributed 2.68 USD as dividends.

In which currency does Trane Technologies pay out the dividend?

The dividends of Trane Technologies are distributed in USD.

Andere Kennzahlen von Trane Technologies

Our stock analysis for Trane Technologies Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Trane Technologies Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.