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Trinity Industries Inc declares $0.15 dividend

  • Trinity Industries Inc. (TRN) declares $0.15/share quarterly dividend, in line with prior.
  • Forward yield 1.16%
  • Payable Jan 31; for shareholders of record Jan 15; ex-div Jan 13.
Comments (2)
  • texaswiz says
    , contributor
    Comments (65) | Send Message
     
    You know, for a company that builds such large products that are very much in demand, it does not make much money for investors. It has not been a particularly good investment for some time now. New management and a new business model is needed.
    14 Dec 2013, 10:02 AM Reply Like
  • Dave Dawson
    , contributor
    Comments (4) | Send Message
     
    Just a quick glance at the 5 year chart of TRN shows an approximate 400% increase in the stock price. Revenue grows consistently as do profits. In the past year the stock has gone from the high 30's to 56 and change before pulling back a bit after a downgrade of the entire rail car group. The wisdom of the downgrade is questionable in light of TRNs recent announcement of $2 billion orders through 2015. What part of this business model is wrong?
    15 Dec 2013, 02:42 AM Reply Like
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