Trinity Industries, Inc. Increases Quarterly Dividend by 13%, Payable on January 31, 2023
December 08, 2022 at 04:15 pm EST
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Trinity Industries, Inc. declared an increase in its quarterly dividend to 26 cents per share on its $0.01 par value common stock. The newdividend reflects an increase of approximately 13% compared to the most recent quarterly dividend of 23 cents per share and reflects an average annual increase of 19% on Trinity's quarterly dividend since the spin-off of Arcosa, Inc. in 2018. The quarterly cash dividend, representing Trinity's 235th consecutively paid dividend, is payable January 31, 2023 to stockholders of record on January 13, 2023.
Trinity Industries, Inc. is the owner of businesses that provide rail transportation products and services in North America. The Company markets its railcar products and services under the trade name TrinityRail. The TrinityRail platform provides railcar leasing and management services; railcar manufacturing, maintenance and modifications, and other railcar logistics products and services. Its segments include the Railcar Leasing and Management Services Group and the Rail Products Group. Its Railcar Leasing and Management Services Group owns and operates a fleet of railcars and provides third-party fleet leasing, management, administrative services, and other railcar logistics products and services. Its Rail Products Group manufactures and sells railcars and related parts and components and provides railcar maintenance and modification services. It operates in various markets including refined products and chemicals, energy, agriculture, construction and metals, and consumer products.
TRINITY INDUSTRIES, INC. 
