Trane Technologies plc (NYSE:TT) will begin trading ex-dividend on December 3, 2020. The quarterly dividend payment of $ 0.53 per share is scheduled to be paid on December 31, 2020. The dividend yield based on the latest trading day closing price was 1.46 percent. Shareholders who purchased TT shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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Trane Technologies plc recently reported second quarter financial results on July 29, 2020, before market open, the company communicated income for the second quarter of $ 1.27 per share, from the revenue of $ 3,139.00 million. The quarterly earnings decreased 39.23 percent while revenues dropped 30.67 percent compared with the same quarter last year.
According to street consensus, TT was expected to report 2Q20 income of $ 0.74 per share from revenue of $ 2786.07 million. The bottom line results beat street analysts by $ 0.53 or 71.62 percent, at the same time, top line results outshined analysts by $ 352.93 million or 12.67 percent.
Stock Performance
Shares of Trane Technologies plc traded low $ -0.54 or -0.37 percent on Tuesday, reaching $ 145.70 with volume of 1.56 million shares. Trane Technologies plc has traded high as $ 148.26 and has cracked $ 145.20 on the downward trend
According to the previous trading day, closing price of $ 145.70, representing a 108.91 % increase from the 52 week low of $ 70.00 and a 4.87 % decrease over the 52 week high of $ 153.72.
