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SWORDS, Ireland - Trane Technologies plc (NYSE:TT), a $94 billion market cap climate solutions company, announced its Board of Directors has declared a quarterly dividend of $0.94 per ordinary share, according to a press release statement. The dividend equates to $3.76 per share on an annualized basis, representing a yield of 0.89%.
The company stated that the dividend will be payable on December 31, 2025, to shareholders of record as of December 5, 2025.
Trane Technologies, which describes itself as a global climate innovator, noted in its announcement that it has maintained a consistent record of dividend payments, having paid consecutive quarterly cash dividends on its common shares since 1919 and annual dividends since 1910.
The company operates through its strategic brands Trane and Thermo King, offering climate solutions for buildings, homes, and transportation sectors. With revenue growth of 10.2% over the last twelve months and an overall financial health score of "GREAT" from InvestingPro, which offers 12+ additional insights about the company’s performance and valuation in its comprehensive Pro Research Report.
In other recent news, Trane Technologies reported its Q2 2025 earnings, revealing an 18% increase in adjusted earnings per share (EPS), reaching $3.88. This result surpassed the forecast of $3.79. However, the company’s revenue slightly missed expectations, coming in at $5.75 billion against a projected $5.77 billion. These earnings results have sparked investor concerns due to the revenue shortfall. In addition to financial updates, Trane Technologies announced an expansion of its chiller plant control facility programming application. The enhanced Tracer SC+ system controller now addresses specific operating requirements of modern data centers. This development simplifies the management of multiple chillers by converting complex programming into a more streamlined solution.
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