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Stock impact report

Trane Technologies Increases Dividend by 12%, Declares Quarterly Dividend

Trane Technologies plc (TT) 
Company Research Source: Business Wire
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, announced the Board of Directors has approved a 12% increase to the company’s dividend, resulting in a quarterly dividend of $1.05 per ordinary share, or $4.20 per share annualized. The dividend is payable March 31, 2026, to shareholders of record on March 6, 2026.“Our purpose-driven strategy, disciplined execution and relentless investment in growth and innovation enables us to consistently deliver a leading growth profile, strong margins and powerful free cash flow,” said Dave Regnery, chair and CEO, Trane Technologies. “Since launching Trane Technologies in 2020, we have delivered free cash flow conversion of 106% of adjusted net earnings, enabling us to execute our balanced capital allocation strategy and nearly double the dividend. We are well positioned to deliver continued strong financial performance and differentiated shareholder returns over the long term.”Today’s announcement Show less Read more
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