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Trane Technologies Increases Dividend by 12%, Declares Quarterly Dividend
Businesswire· 2026-02-04 11:31
Core Viewpoint - Trane Technologies plc has announced a 12% increase in its quarterly dividend, reflecting confidence in its future cash flow generation and commitment to shareholder returns [1][2]. Dividend Announcement - The Board of Directors approved a quarterly dividend of $1.05 per ordinary share, which annualizes to $4.20 per share [1]. - The dividend will be payable on March 31, 2026, to shareholders of record on March 6, 2026 [1]. Financial Performance - The company has achieved a free cash flow conversion of 106% of adjusted net earnings since its launch in 2020 [2]. - This strong cash flow performance has enabled the company to execute a balanced capital allocation strategy and nearly double its dividend [2]. - The company is positioned to deliver continued strong financial performance and differentiated shareholder returns over the long term [2]. Dividend History - Trane Technologies has paid consecutive quarterly cash dividends on its common shares since 1919 and annual dividends since 1910 [3]. Company Overview - Trane Technologies is recognized as a global climate innovator, providing efficient and sustainable climate solutions through its strategic brands Trane® and Thermo King® [4].
Trane Technologies Wins Four Great Place to Work® India Recognitions in 2025
BusinessLine· 2025-12-17 09:30
Core Insights - Trane Technologies has been recognized as one of the Top 25 Best Workplaces™ in IT & IT-BPM 2025 by Great Place to Work® India, marking its second consecutive year of receiving this honor, reflecting its commitment to an inclusive and innovation-driven workplace [1] - The company has also been listed among India's Top 100 Best Companies to Work For for two consecutive years, and has received accolades in two significant categories: Top 100 Best Workplaces™ for Women – Large Category, and Top 50 Best Workplaces™ in Building a Culture of Innovation by All, showcasing its dedication to empowering employees [2] Employee Engagement and Culture - Trane Technologies emphasizes a culture of opportunity, flexibility, and collective upliftment, which is crucial as the climate sector evolves rapidly; this culture supports innovation and problem-solving among multidisciplinary teams [3] - The company promotes employee growth through voluntary Business Resource Groups, fostering a sense of belonging and community engagement, while initiatives like patent recognition and intrapreneurship programs encourage cross-functional collaboration [3] Commitment to Sustainability - The recent recognitions highlight that workplace excellence is an ongoing journey for Trane Technologies, deeply integrated into its people practices and daily operations, which aligns with its mission of building a sustainable, purpose-driven future [4]
Trane Technologies to Present at the Baird Global Industrials Conference
Businesswire· 2025-11-07 11:30
Core Insights - Trane Technologies will participate in the Baird Global Industrials Conference on November 12, 2025, at 11:25 a.m. CT [1] - The live webcast of the conference will be available on the Trane Technologies website, with an archive accessible for 30 days post-event [2] - Trane Technologies is recognized as a global climate innovator, offering sustainable climate solutions through its brands Trane® and Thermo King® [3] Financial Performance - For Q3 2025, Trane Technologies reported diluted earnings per share (EPS) of $3.82, with adjusted continuing EPS at $3.88, reflecting a 15% increase year-over-year [6] - Bookings for Q3 2025 reached $5,979 million, up 15% from $5,213 million in Q3 2024, while net revenues increased by 6% to $5,743 million [6] Product Innovation - Trane Technologies launched the industry's first comprehensive thermal management system reference design for NVIDIA's gigawatt-scale AI data centers, setting new performance and scalability standards [7]