Trinity Industries, Inc. (NYSE:TRN) Updates On Quarterly Dividend


As per Trinity Industries, Inc. (NYSE:TRN) statement on 2016-05-03, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.11 per share as dividend to stakeholders. The record date is set as 2016-07-15, the payout date as 2016-07-29 and the ex-dividend date is 2016-07-13.

Last fiscal Trinity Industries, Inc. (NYSE:TRN) disbursed cash dividend of $0.11. A year ago, the payout was $0.11, which indicates a difference of 20%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.11, implying 21.2902% growth.

For the period ended on 2015-12-31, Trinity Industries, Inc. (NYSE:TRN)’s earnings came at $0.62 per share compared to EPS of $1.31 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-27. For this quarter, the analysts have earnings estimate of $0.52 per share.

The interim price target for Trinity Industries, Inc. (NYSE:TRN) is set at $23. This level is the mean price reached by averaging the stock views of 4 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Trinity Industries, Inc. (NYSE:TRN) is seen at $26 and the lowest level is established at $17. This broad range highlights a standard deviation of $4.082 in reported estimates.

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