Trane Technologies PLC (TT) Dividends
Dividend Yield and Dividend History Highlights
- TT is producing more trailing twelve month cash flow than 85.18% of US dividend stocks.
- Free cash flow for TT has increased for the 4th consecutive quarter.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with TT that may be suitable potential portfolio mates: AEP, CTIB, ED, NJDCY and SVT.
TT Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $304.53 | $71.58 | -53.18% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of TT, the DDM model, as implemented by StockNews, implies a negative return of 53.18% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Trane Technologies plc are:
- TT's annual revenue, now at roughly $14 billion US dollars, classifies the stock in the large-sized revenue class -- and relative to other dividend issuers in this class, the growth rate of its dividend is greater than that of 74.71% of them.
- In terms of opportunity, TT's provides a return of -53.18% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than 29.8% of all stocks we measured with our dividend discount model.
- Beta tells us how volatile a stock's price is relative to the broader equity index; as for TT, approximately 26.43% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
TT Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-02-29 | Dividend | $0.84 | +12.00% |
| 2023-11-30 | Dividend | $0.75 | -- |
| 2023-08-31 | Dividend | $0.75 | -- |
| 2023-06-01 | Dividend | $0.75 | -- |
| 2023-03-02 | Dividend | $0.75 | +11.94% |
| 2022-12-01 | Dividend | $0.67 | -- |
| 2022-09-01 | Dividend | $0.67 | -- |
| 2022-06-02 | Dividend | $0.67 | -- |
| 2022-03-03 | Dividend | $0.67 | +13.56% |
| 2021-12-02 | Dividend | $0.59 | -- |
| 2021-09-02 | Dividend | $0.59 | -- |
| 2021-06-03 | Dividend | $0.59 | -- |
| 2021-03-04 | Dividend | $0.59 | +11.32% |
| 2020-12-03 | Dividend | $0.53 | -- |
| 2020-09-03 | Dividend | $0.53 | -- |
| 2020-06-04 | Dividend | $0.53 | -- |
| 2020-03-12 | Dividend | $0.53 | -- |
| 2019-12-05 | Dividend | $0.53 | -- |
| 2019-09-05 | Dividend | $0.53 | -- |
| 2019-06-06 | Dividend | $0.53 | -- |
| 2019-03-07 | Dividend | $0.53 | -- |
| 2018-12-06 | Dividend | $0.53 | -- |
| 2018-09-06 | Dividend | $0.53 | +17.78% |
| 2018-06-07 | Dividend | $0.45 | -- |
| 2018-03-08 | Dividend | $0.45 | -- |
| 2017-12-07 | Dividend | $0.45 | -- |
| 2017-09-07 | Dividend | $0.45 | +12.50% |
| 2017-06-07 | Dividend | $0.40 | -- |
| 2017-03-08 | Dividend | $0.40 | -- |
| 2016-12-07 | Dividend | $0.40 | +25.00% |
| 2016-09-07 | Dividend | $0.32 | -- |
| 2016-06-08 | Dividend | $0.32 | -- |
| 2016-03-09 | Dividend | $0.32 | +10.34% |
| 2015-12-09 | Dividend | $0.29 | -- |
| 2015-09-09 | Dividend | $0.29 | -- |
| 2015-06-10 | Dividend | $0.29 | -- |
| 2015-03-11 | Dividend | $0.29 | +16.00% |
| 2014-12-10 | Dividend | $0.25 | -- |
| 2014-09-10 | Dividend | $0.25 | -- |
| 2014-06-11 | Dividend | $0.25 | -- |
| 2014-03-12 | Dividend | $0.25 | +19.05% |
| 2013-10-30 | Dividend | $0.21 | -- |
| 2013-09-11 | Dividend | $0.21 | -- |
| 2013-06-12 | Dividend | $0.21 | -- |
| 2013-03-08 | Dividend | $0.21 | +31.25% |
| 2012-12-12 | Dividend | $0.16 | -- |
| 2012-09-11 | Dividend | $0.16 | -- |
| 2012-06-14 | Dividend | $0.16 | -- |
| 2012-03-08 | Dividend | $0.16 | +33.33% |
| 2011-12-12 | Dividend | $0.12 | -- |
| 2011-09-09 | Dividend | $0.12 | -- |
| 2011-06-15 | Dividend | $0.12 | +71.43% |
| 2011-03-09 | Dividend | $0.07 | -- |
| 2010-12-10 | Dividend | $0.07 | -- |
| 2010-09-10 | Dividend | $0.07 | -- |
| 2010-06-10 | Dividend | $0.07 | -- |
| 2010-02-12 | Dividend | $0.07 | -- |
| 2009-11-10 | Dividend | $0.07 | -- |
| 2009-08-14 | Dividend | $0.07 | -61.11% |
| 2009-05-12 | Dividend | $0.18 | -- |
| 2009-02-11 | Dividend | $0.18 | -- |
| 2008-11-12 | Dividend | $0.18 | -- |
| 2008-08-13 | Dividend | $0.18 | -- |
| 2008-05-13 | Dividend | $0.18 | -- |
| 2008-02-13 | Dividend | $0.18 | -- |
| 2007-11-08 | Dividend | $0.18 | -- |
| 2007-08-13 | Dividend | $0.18 | -- |
| 2007-05-11 | Dividend | $0.18 | -- |
| 2007-02-14 | Dividend | $0.18 | -- |
| 2006-11-09 | Dividend | $0.18 | -- |
| 2006-08-11 | Dividend | $0.18 | +12.50% |
| 2006-05-12 | Dividend | $0.16 | -- |
| 2006-02-10 | Dividend | $0.16 | -- |
| 2005-11-09 | Dividend | $0.16 | -- |
| 2005-09-02 | Split | 2-1-for-1 Stock Split | N/A |
| 2005-08-12 | Dividend | $0.32 | +28.00% |
| 2005-05-12 | Dividend | $0.25 | -- |
| 2005-02-11 | Dividend | $0.25 | -- |
| 2004-11-10 | Dividend | $0.25 | -- |
| 2004-08-13 | Dividend | $0.25 | +31.58% |
| 2004-05-13 | Dividend | $0.19 | -- |
| 2004-02-12 | Dividend | $0.19 | -- |
| 2003-11-13 | Dividend | $0.19 | -- |
| 2003-08-14 | Dividend | $0.19 | +11.76% |
| 2003-05-13 | Dividend | $0.17 | -- |
| 2003-02-13 | Dividend | $0.17 | -- |
| 2002-11-14 | Dividend | $0.17 | -- |
| 2002-08-15 | Dividend | $0.17 | -- |
| 2002-05-16 | Dividend | $0.17 | -- |
| 2002-02-14 | Dividend | $0.17 | -- |
| 2001-11-13 | Dividend | $0.17 | -- |
| 2001-08-14 | Dividend | $0.17 | -- |
| 2001-05-14 | Dividend | $0.17 | -- |
| 2001-02-15 | Dividend | $0.17 | -- |
| 2000-11-13 | Dividend | $0.17 | -- |
| 2000-08-14 | Dividend | $0.17 | -- |
| 2000-05-12 | Dividend | $0.17 | -- |
| 2000-02-11 | Dividend | $0.17 | -- |
| 1999-11-12 | Dividend | $0.17 | -- |
| 1999-08-13 | Dividend | $0.17 | +13.33% |
| 1999-05-13 | Dividend | $0.15 | +100.00% |
| 1999-02-11 | Dividend | $0.08 | -- |
| 1998-11-13 | Dividend | $0.08 | -- |
| 1998-08-14 | Dividend | $0.08 | -- |
| 1998-05-14 | Dividend | $0.08 | -- |
| 1998-02-12 | Dividend | $0.08 | -- |
| 1997-11-14 | Dividend | $0.08 | +200.00% |
| 1997-09-03 | Split | 3-2-for-1 Stock Split | N/A |
| 1997-08-15 | Dividend | $0.08 | +9.75% |
| 1997-05-15 | Dividend | $0.07 | -- |
| 1997-02-13 | Dividend | $0.07 | -- |
| 1996-11-14 | Dividend | $0.07 | -- |
| 1996-08-16 | Dividend | $0.07 | +10.83% |
| 1996-05-14 | Dividend | $0.06 | -- |
| 1996-02-15 | Dividend | $0.06 | -- |
| 1995-11-13 | Dividend | $0.06 | -- |
| 1995-08-14 | Dividend | $0.06 | -- |
| 1995-05-11 | Dividend | $0.06 | -- |
| 1995-02-09 | Dividend | $0.06 | -- |
| 1994-11-09 | Dividend | $0.06 | -- |
| 1994-08-11 | Dividend | $0.06 | +5.71% |
| 1994-05-12 | Dividend | $0.06 | -- |
| 1994-02-09 | Dividend | $0.06 | -- |
| 1993-11-12 | Dividend | $0.06 | -- |
| 1993-08-16 | Dividend | $0.06 | -- |
| 1993-05-13 | Dividend | $0.06 | -- |
| 1993-02-10 | Dividend | $0.06 | -- |
| 1992-11-12 | Dividend | $0.06 | -- |
| 1992-08-14 | Dividend | $0.06 | -- |
| 1992-05-13 | Dividend | $0.06 | +6.05% |
| 1992-02-12 | Dividend | $0.06 | -- |
| 1991-11-15 | Dividend | $0.06 | -- |
| 1991-08-15 | Dividend | $0.06 | -- |
| 1991-05-16 | Dividend | $0.06 | -- |
| 1991-02-12 | Dividend | $0.06 | -- |
| 1990-11-14 | Dividend | $0.06 | -- |
| 1990-08-16 | Dividend | $0.06 | +10.00% |
| 1990-05-15 | Dividend | $0.05 | -- |
| 1990-02-13 | Dividend | $0.05 | -- |
| 1989-11-14 | Dividend | $0.05 | -- |
| 1989-08-16 | Dividend | $0.05 | -- |
| 1989-05-15 | Dividend | $0.05 | +15.39% |
| 1989-02-10 | Dividend | $0.04 | -- |
| 1988-11-15 | Dividend | $0.04 | -- |
| 1988-08-15 | Dividend | $0.04 | -- |
| 1988-05-16 | Dividend | $0.04 | -- |
| 1988-02-12 | Dividend | $0.04 | -- |
| 1987-11-16 | Dividend | $0.04 | -- |
TT Dividends vs. Peers
TT's dividend yield currently ranks #72 of 135 vs. its peers in the Industrial - Equipment category.