Trane Technologies (TT) Dividend Yield, Date & History

$351.66

+3.99 (+1.15%)

(As of 08/21/2024 ET)

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Dividend Yield: 0.96%
Annual Dividend: $3.36
Annualized 3-Year Dividend Growth: 12.27%
Dividend Payout Ratio: 35.90%
Next Dividend Payment: Sep. 30

TT Dividend Payments

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TT Dividend Yield Over Time

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Trane Technologies vs. The Competition

Type	Trane Technologies	Business Companies	NYSE Companies
Annual Dividend	$3.36	$1.45	$1.39
Dividend Yield	0.96%	318.92%	352.48%
Annualized 3-Year Dividend Growth	12.27%	12.07%	15.61%

Trane Technologies Dividend Payout Ratio

Type	Payout Ratio
Based on Trailing 12 Months of Earnings	35.90%
Based on This Year's Estimates	31.02%
Based on Next Year's Estimates	28.50%
Based on Cashflow	29.79%

Trane Technologies Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
6/7/2024	quarterly	$0.84	1%	9/6/2024	9/6/2024	9/30/2024
4/4/2024	Quarterly	$0.84	1.13%	6/7/2024	6/7/2024	6/28/2024
2/7/2024	Quarterly	$0.84	1.23%	2/29/2024	3/1/2024	3/29/2024
10/4/2023	Quarterly	$0.75	1.5%	11/30/2023	12/1/2023	12/29/2023
6/2/2023	quarterly	$0.75	1.7%	8/31/2023	9/1/2023	9/29/2023
4/6/2023	Quarterly	$0.75	1.76%	6/1/2023	6/2/2023	6/30/2023
2/9/2023	Quarterly	$0.75	1.65%	3/2/2023	3/3/2023	3/31/2023
10/12/2022	quarterly	$0.67	1.8%	12/1/2022	12/2/2022	12/30/2022
6/2/2022	Quarterly	$0.67	1.94%	9/1/2022	9/2/2022	9/30/2022
4/8/2022	quarterly	$0.67	1.8%	6/2/2022	6/3/2022	6/30/2022
2/4/2022	quarterly	$0.67	1.7%	3/3/2022	3/4/2022	3/31/2022
10/6/2021	Quarterly	$0.59	1.33%	12/2/2021	12/3/2021	12/31/2021
6/3/2021	Quarterly	$0.59	1.3%	9/2/2021	9/3/2021	9/30/2021
4/8/2021	Quarterly	$0.59	1.39%	6/3/2021	6/4/2021	6/30/2021
2/5/2021	quarterly	$0.59	1.4%	3/4/2021	3/5/2021	3/31/2021
10/8/2020	Quarterly	$0.53	1.63%	12/3/2020	12/4/2020	12/31/2020
6/5/2020	Quarterly	$0.53	2.14%	9/3/2020	9/4/2020	9/30/2020
4/10/2020	quarterly	$0.53	2.3%	6/4/2020	6/5/2020	6/30/2020
2/5/2020		$0.53		3/12/2020	3/13/2020	3/31/2020

(Data available from 1/1/2013 forward)

Trane Technologies Dividend - Frequently Asked Questions

What is Trane Technologies's dividend yield?: The current dividend yield for Trane Technologies is 0.96%. Learn more on TT's dividend yield history.
How much is Trane Technologies's annual dividend?: The annual dividend for TT shares is $3.36. Learn more on TT's annual dividend history.
How often does Trane Technologies pay dividends?: Trane Technologies pays quarterly dividends to shareholders.
When is Trane Technologies's next dividend payment?: Trane Technologies's next quarterly dividend payment of $0.84 per share will be made to shareholders on Monday, September 30, 2024.
When was Trane Technologies's most recent dividend payment?: Trane Technologies's most recent quarterly dividend payment of $0.84 per share was made to shareholders on Friday, June 28, 2024.
When is Trane Technologies's ex-dividend date?: Trane Technologies's next ex-dividend date is Friday, September 6, 2024.
When was Trane Technologies's most recent ex-dividend date?: Trane Technologies's most recent ex-dividend date was Friday, June 7, 2024.
Is Trane Technologies's dividend growing?: Over the past three years, the company's dividend has grown by an average of 12.27% per year.
When did Trane Technologies last increase or decrease its dividend?: The most recent change in the company's dividend was an increase of $0.09 on Wednesday, February 7, 2024.
What is Trane Technologies's dividend payout ratio?: The dividend payout ratio for TT is:
35.90% based on the trailing year of earnings

31.02% based on this year's estimates

28.50% based on next year's estimates

29.79% based on cash flow
Is Trane Technologies a good dividend stock?: Trane Technologies' dividend yield of 0.97% is lower than the average Business Services company that issues a dividend. Trane Technologies' dividend payout ratio of 35.90% is at a healthy, sustainable level, below 75% of its earnings.