Trinity Industries, Inc. Increases Quarterly Dividend to $0.31 / Share
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par valuefinancial
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
DALLAS--(BUSINESS WIRE)--
Trinity Industries, Inc. (NYSE:TRN) has declared an increase in its quarterly dividend to 31 cents per share on its $0.01 par value common stock, up from 30 cents per share. This marks seven consecutive years of a dividend raise, reflecting Trinity’s continued commitment to dividend growth. The quarterly cash dividend, representing Trinity’s 247th consecutively paid dividend, is payable January 30, 2026 to stockholders of record on January 15, 2026.
About Trinity Industries
Trinity Industries, Inc., headquartered in Dallas, Texas, owns businesses that are leading providers of rail transportation products and services in North America. Our businesses market their railcar products and services under the trade name TrinityRail®. The TrinityRail platform provides railcar leasing and management services; railcar manufacturing; railcar maintenance and modifications; and other railcar logistics products and services. Beginning January 1, 2024, Trinity reports its financial results in two reportable business segments: (1) Railcar Leasing and Services Group, formerly the Railcar Leasing and Management Services Group, and (2) Rail Products Group. For more information, visit: www.trin.net.