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Trinity Industries Inc. (TRN) logo

Trinity Industries Inc.

S&P 500

TRN/Industrials · Railroads/NYSE

Dividend Yield

3.47%

$1.22 · Annual Dividend

Stock Price$36.38P/E11.1MCap2.8BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

74/ 100Safe

TRN's dividend appears safe and well-supported. Strengths include a 38.2% earnings payout ratio & 22.4% fcf payout ratio. Areas of concern: 2.4x interest coverage & 470.6 debt-to-equity. The dividend has been growing at a 9.57% 5-year CAGR.

Based on 14 of 15 metrics

Strengths

  • Earnings Payout Ratio: 38.2%Low earnings payout ratio leaves room to grow the dividend.
  • FCF Payout Ratio: 22.4%Free cash flow comfortably covers the dividend.
  • CFO Payout Ratio: 20.0%Operating cash flow strongly supports the payout.

Risks

  • Interest Coverage: 2.4xInterest coverage is thin relative to debt servicing.
  • Debt-to-Equity: 470.6Debt-to-equity is elevated for the sector.
  • Profit Margin Stability: VolatileProfit margins have been volatile.

Payout & Coverage

Safe
38.2%Very Safe
22.4%Very Safe
20.0%Very Safe

Balance Sheet

Safe

Profitability

Safe
23.1%Very Safe
26.2%Caution

Dividend Track Record

Safe
11+ yrsVery Safe
NoneVery Safe
Mostly StableCaution

About Trinity Industries Inc.

Trinity Industries Inc. operates as a leading provider of rail transportation products and services throughout North America under the TrinityRail brand. The company functions through two primary business segments: the Railcar Leasing and Management Services Group, which owns and operates an extensive fleet of railcars while providing third-party fleet leasing, management, and administrative services; and the Rail Products Group, which manufactures, sells, and maintains freight and tank railcars along with their components. Trinity Industries serves a diverse customer base including railroads, leasing companies, and shipping companies operating across agriculture, construction, consumer products, energy, and chemical sectors. Additionally, the company produces highway infrastructure products such as guardrail and barrier systems. Founded in 1933 and headquartered in Dallas, Texas, Trinity Industries delivers comprehensive rail transportation solutions designed to optimize customers' equipment ownership and usage while enhancing value across the rail modal supply chain.

Dividend Overview

Dividend Yield

3.47%

Annual Dividend

$1.22

Frequency

Quarterly

Payout Ratio

38.17%

FCF Payout Ratio

22.39%

52-Week Range

$22.38 - $37.36

Dividend History (2016–2025)

TRN annual dividend per share and yield history

Earnings & Profitability

TRN earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

July 15, 2026

Next Payment Date

July 31, 2026

Dividend Growth

3-Year Dividend CAGR

9.26%

5-Year Dividend CAGR

9.57%

10-Year Dividend CAGR

14.78%

3-Year Total Growth

30.43%

5-Year Total Growth

57.89%

10-Year Total Growth

296.83%

Income Calculator

TRN Dividend Calculator

Total Investment

$3,638.00

Annual Income

$122.00

Quarterly Income

$30.50

Monthly Income

$10.17

Frequently Asked Questions

What is TRN's current dividend yield?
Trinity Industries Inc. (TRN) currently has a dividend yield of 3.47%, based on a stock price of $36.38 and an annual dividend of $1.22.
When is TRN's next dividend payment date?
TRN's next ex-dividend date is 2026-07-15 and the next payment date is 2026-07-31. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does TRN pay in dividends per year?
Trinity Industries Inc. paid $1.20 per share in annual dividends in 2025. The dividends are paid quarterly.
Has TRN been increasing its dividend?
Trinity Industries Inc. has grown its dividend at a 5-year CAGR of 9.57% and a 10-year CAGR of 14.78%.
Is TRN's dividend safe?
Trinity Industries Inc. has a payout ratio of 38.17%. Its free cash flow payout ratio is 22.39%. A payout ratio below 60% is generally considered sustainable.
How is TRN's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Trinity Industries Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for industrials companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.