Trane Technologies (TT) Dividend History & Yield

Trane Technologies (TT) has increased its dividend for 16 consecutive years and currently yields 0.91%. The most recent payment was $1.0500/share on Mar 6, 2026, paid Quarterly.

Current Yield

0.91%

TTM Dividend/Share

$3.87

Payment Frequency

Quarterly

Payout Ratio

28.7%

Consecutive Growth Years

16

Div Growth (1Y CAGR)

11.90%

Div Growth (5Y CAGR)

12.14%

Div Growth (10Y CAGR)

15.37%

Dividend Safety Score

5 out of 5 checks passed

Payout ratio below 75%

Payout ratio is 28.7%, well below the 75% threshold.

Free cash flow covers dividend

FCF/share ($12.57) covers dividend/share ($3.87).

No dividend cuts in 10+ years

No dividend cuts in the last 10 years.

Positive earnings growth trend

Earnings per share have grown over the past 5 years.

10+ years of consecutive growth

16 consecutive years of dividend growth.

Dividend Payment History

Yield values are for each row's ex-date, not today's live yield.

  • Ex-date Mar 6, 2026

    Payment date
    Mar 31, 2026
    Dividend
    $1.0500
    Adj. dividend
    $1.0500
    Yield (ex-date)
    0.91%
  • Ex-date Dec 5, 2025

    Payment date
    Dec 31, 2025
    Dividend
    $0.9400
    Adj. dividend
    $0.9400
    Yield (ex-date)
    0.94%
  • Ex-date Sep 5, 2025

    Payment date
    Sep 30, 2025
    Dividend
    $0.9400
    Adj. dividend
    $0.9400
    Yield (ex-date)
    0.88%
  • Ex-date Jun 6, 2025

    Payment date
    Jun 30, 2025
    Dividend
    $0.9400
    Adj. dividend
    $0.9400
    Yield (ex-date)
    0.83%
  • Ex-date Mar 7, 2025

    Payment date
    Mar 31, 2025
    Dividend
    $0.9400
    Adj. dividend
    $0.9400
    Yield (ex-date)
    1.00%
  • Ex-date Dec 6, 2024

    Payment date
    Dec 31, 2024
    Dividend
    $0.8400
    Adj. dividend
    $0.8400
    Yield (ex-date)
    0.82%
  • Ex-date Sep 6, 2024

    Payment date
    Sep 30, 2024
    Dividend
    $0.8400
    Adj. dividend
    $0.8400
    Yield (ex-date)
    0.96%
  • Ex-date Jun 7, 2024

    Payment date
    Jun 28, 2024
    Dividend
    $0.8400
    Adj. dividend
    $0.8400
    Yield (ex-date)
    1.00%
  • Ex-date Feb 29, 2024

    Payment date
    Mar 29, 2024
    Dividend
    $0.8400
    Adj. dividend
    $0.8400
    Yield (ex-date)
    1.10%
  • Ex-date Nov 30, 2023

    Payment date
    Dec 29, 2023
    Dividend
    $0.7500
    Adj. dividend
    $0.7500
    Yield (ex-date)
    1.33%
  • Ex-date Aug 31, 2023

    Payment date
    Sep 29, 2023
    Dividend
    $0.7500
    Adj. dividend
    $0.7500
    Yield (ex-date)
    1.42%
  • Ex-date Jun 1, 2023

    Payment date
    Jun 30, 2023
    Dividend
    $0.7500
    Adj. dividend
    $0.7500
    Yield (ex-date)
    1.71%

Historical Dividend Yield

Mean trailing dividend yield using one ratio snapshot per calendar year in each lookback window (same basis as the yearly bars)—not CAGR.Mean yield1Y: 0.96%5Y: 1.17%10Y: 1.70%

Dividend Growth

CAGR (per year)1Y: 11.90%5Y: 12.14%10Y: 15.37%↓ Decelerating

Dividend Increase Track Record

Trane Technologies has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 16 consecutive years — the same figure as the "Consecutive Growth Years" card above.

YearPrevious DPSNew DPSChange
2026$3.7600
2025$3.3600$3.7600+11.9%
2024$3.0000$3.3600+12.0%
2023$2.6800$3.0000+11.9%
2022$2.3600$2.6800+13.6%
2021$2.1200$2.3600+11.3%
2020$1.6447$2.1200+28.9%
2019$1.5206$1.6447+8.2%
2018$1.3189$1.5206+15.3%
2017$1.0551$1.3189+25.0%
2016$0.8999$1.0551+17.2%
2015$0.7758$0.8999+16.0%
2014$0.5205$0.7758+49.1%
2013$0.3966$0.5205+31.2%
2012$0.2664$0.3966+48.8%
2011$0.1735$0.2664+53.6%
2010$0.3098$0.1735-44.0%
2009$0.4462$0.3098-30.6%
2008$0.4462$0.44620.0%
2007$0.4214$0.4462+5.9%
2006$0.3532$0.4214+19.3%
2005$0.2726$0.3532+29.5%
2004$0.2231$0.2726+22.2%
2003$0.2107$0.2231+5.9%
2002$0.2107$0.21070.0%
2001$0.2107$0.21070.0%
2000$0.1983$0.2107+6.3%
1999$0.1859$0.1983+6.7%
1998$0.1776$0.1859+4.7%
1997$0.1611$0.1776+10.3%
1996$0.1528$0.1611+5.4%
1995$0.1487$0.1528+2.8%
1994$0.1446$0.1487+2.9%
1993$0.1425$0.1446+1.4%
1992$0.1363$0.1425+4.5%
1991$0.1301$0.1363+4.8%
1990$0.1198$0.1301+8.6%
1989$0.1074$0.1198+11.5%
1988$0.1074$0.10740.0%
1987$0.1074$0.10740.0%
1986$0.1074$0.10740.0%
1985$0.1074$0.10740.0%
1984$0.1074$0.10740.0%
1983$0.1074

DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.

Frequently asked questions

Does Trane Technologies pay dividends?

Yes, Trane Technologies (TT) pays quarterly dividends of approximately $3.87 per share annually, yielding 0.91%.

What is Trane Technologies's dividend yield?

Trane Technologies (TT) has a current dividend yield of 0.91%.

Is Trane Technologies's dividend safe?

Trane Technologies (TT) passes 5 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.

How many consecutive years has Trane Technologies increased its dividend?

Trane Technologies (TT) has 16 consecutive years of dividend increases.

What is Trane Technologies's dividend payout ratio?

Trane Technologies (TT) has a dividend payout ratio of 28.7%.