Trane, Inc. (TT) Raises Quarterly Dividend 11.3% to $0.59; Approves $2 Billion Buyback Plan

February 4, 2021 6:39 AM EST

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.

Trane, Inc. (NYSE: TT) declared a quarterly dividend of $0.59 per share, or $2.36 annualized. This is an 11.3% increase from the prior dividend of $0.53.

The dividend will be payable on March 31, 2021, to stockholders of record on March 5, 2021, with an ex-dividend date of March 4, 2021.

The annual yield on the dividend is 1.6 percent.

The Board of Directors also authorized a new share repurchase program of up to $2 billion of the company’s ordinary shares, to commence upon the completion of the company’s current $1.5 billion program

For a dividend history and other dividend-related data on Trane, Inc. (TT) click here.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Dividend Hike, Dividends, Stock Buybacks

Related Entities