Trailing Dividend / Share
$3.74
Trane Technologies plc (TT) Dividend History
Income profile from 1983 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
0.8%
Payout Ratio
28.7%
Sustainable
Dividend Streak
15 years
TT Dividend Income Check
Safety
28.7% payout ratio with sustainable safety profile.
Consistency
15 straight years of dividend increases.
Income Trend
Yield on cost is 2.6% and trend is rising.
TT Dividend Scorecard
Yield & Income
Dividend Yield0.8%
Trailing DPS$3.74
FrequencyQuarterly
Payments / 12M5
Payout Safety
Earnings Payout28.7%
Earnings SafetySustainable
FCF Payout26.2%
FCF SafetyWell Covered
Piotroski F-Score9/9
Growth
Growth Streak15 years
3Y CAGR11.9%
5Y CAGR12.1%
Yield on Cost (5Y)2.6%
YOC Trendrising
Total Returns
Buyback Yield1.4%
Total Shareholder Yield2.2%
1Y Total Return16.1%
5Y Total Return188.0%
Div Contribution (5Y)9.3%
Estimated $10K growth (return + dividends):
5Y ago$28,80310Y ago$99,22320Y ago$160,244
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
TT Income Growth Story
Dividend per share and yield on cost over time (44 years of payments)
TT Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Dividend Analysis
Payout Safety
Trane Technologies plc distributes 28.7% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 26.2%, rated "Well Covered".
Piotroski F-Score: 9/9 — strong financial health.
Growth Track Record
TT has raised its dividend for 15 consecutive years, with a 3-year CAGR of 11.9% and 5-year CAGR of 12.1%.
Total Shareholder Returns
Beyond cash dividends, TT returns capital through share repurchases. The combined picture: 0.8% dividend yield, 1.4% buyback yield, 2.2% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 2.6% and is currently rising. The 5-year total return is 188.0%, with dividends contributing 9.3% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $99,223 today.
TT Recent Dividend Payments
Last 20 payments · Quarterly
TTM Total$16.54
Avg/Payment$0.8270
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Sep 4, 2026Latest | $1.0500 | — | 84.76% | Sep 30, 2026 |
| Jun 5, 2026 | $1.0500 | — | 87.12% | Jun 30, 2026 |
| Mar 6, 2026 | $1.0500 | ↑ +11.7% | 91.46% | Mar 31, 2026 |
| Dec 5, 2025 | $0.9400 | — | 93.67% | Dec 31, 2025 |
| Sep 5, 2025 | $0.9400 | — | 88.44% | Sep 30, 2025 |
| Jun 6, 2025 | $0.9400 | — | 83.00% | Jun 30, 2025 |
| Mar 7, 2025 | $0.9400 | ↑ +11.9% | 1.00% | Mar 31, 2025 |
| Dec 6, 2024 | $0.8400 | — | 81.52% | Dec 31, 2024 |
TT Dividend vs Peers
Comparable companies in the same industry
#7 yield in peer group
Div Yield
0.8%
#7 of 9
Safety
Sustainable
28.7% payout
Streak
15Y
12.1% 5Y CAGR
Total Shareholder
2.2%
#6 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| TTTrane Technologies p… | $107.0B | 0.8% | 28.7% | 15 | Sustainable |
3rd  CARRCarrier Global Corpo… | $60.0B | 1.3% | 51.7% | 0 | Sustainable |
 JCIJohnson Controls Int… | $88.4B | 1.0% | 29.7% | 5 | Sustainable |
 LIILennox International… | $18.5B | 0.9% | 22.0% | 19 | Sustainable |
 AAONAAON, Inc. | $11.2B | 0.3% | 30.3% | 1 | Sustainable |
 WMSAdvanced Drainage Sy… | $11.3B | 0.5% | 13.2% | 12 | Sustainable |
2nd  EMREmerson Electric Co. | $84.4B | 1.4% | 52.0% | 54 | Sustainable |
1st  HONHoneywell Internatio… | $145.1B | 2.0% | 62.9% | 8 | Watch |
 ROKRockwell Automation,… | $53.2B | 1.1% | 68.0% | 16 | Watch |
TT Annual Dividend History (1983–2026)
44 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $3.15 | — | 3 | — | — | — | 2.2% |
| 2025 | $3.76 | 11.9% | 4 | $12.98 | 29.0% | 3.45x | 2.6% |
| 2024 | $3.36 | 12.0% | 4 | $11.24 | 29.9% | 3.35x | 2.3% |
| 2023 | $3.00 | 11.9% | 4 | $8.77 | 34.2% | 2.92x | 2.1% |
| 2022 | $2.68 | 13.6% | 4 | $7.48 | 35.8% | 2.79x | 1.9% |
| 2021 | $2.36 | 11.3% | 4 | $5.87 | 40.2% | 2.49x | 1.6% |
| 2020 | $2.12 | 28.9% | 4 | $3.52 | 60.2% | 1.66x | 1.5% |
| 2019 | $1.64 | 8.2% | 4 | $5.77 | 28.5% | 3.51x | 1.1% |
| 2018 | $1.52 | 15.3% | 4 | $5.35 | 28.4% | 3.52x | 1.1% |
| 2017 | $1.32 | 25.0% | 4 | $5.05 | 26.1% | 3.83x | 0.9% |
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into TT consensus models and risk factors.
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Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
43+ years return with dividends reinvested.
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DCA Calculator
See how regular investing compounds over time.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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TT — Frequently Asked Questions
Quick answers to the most common questions about buying TT stock.
How much dividend does TT pay per share?
Trane Technologies plc (TT) pays a trailing 12-month dividend of $3.74 per share, with a current dividend yield of +0.8%. Payments are made Quarterly.
When is TT's next ex-dividend date?
TT's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. TT typically pays dividends Quarterly.
Is TT's dividend safe?
TT's dividend safety is rated "Sustainable" based on an earnings payout ratio of +28.7% and FCF payout ratio of +26.2%. With 15 consecutive years of dividend growth, the track record supports sustainability.
Is TT a Dividend Achiever?
Yes, Trane Technologies plc is classified as a Dividend Achiever with 15 consecutive years of dividend increases. The 5-year dividend CAGR is +12.1%, demonstrating above-inflation dividend growth.
How often does TT pay dividends?
Trane Technologies plc pays dividends Quarterly. The trailing 12-month total is $3.74 per share. Dividend data on this page covers 43+ years from 1983 to 2026.
How much would $10,000 invested in TT grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in TT five years ago would be worth approximately $28,803 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is TT's yield on cost for long-term holders?
TT's yield on cost — the current dividend divided by the original purchase price — is +2.6% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +0.8% market yield, thanks to consistent dividend growth.