By Colin Kellaher
Trane Technologies' board has increased the company's quarterly dividend by 12%, to 94 cents from 84 cents.
The new payout, equal to $3.76 a year, represents an annual yield of about 1.06%, based on Tuesday's closing price of $355.49, up from 0.95%.
The Ireland-based maker of heating, ventilation and air-conditioning products said the increased dividend is payable March 31 to shareholders of record March 7.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
February 05, 2025 06:44 ET (11:44 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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