Trinity Industries, Inc. Declares a 2-for-1 Stock Split and a 33% Increase
in its Quarterly Dividend
DALLAS -- May 5, 2014
Trinity Industries, Inc. (NYSE:TRN) has today declared a 2-for-1 stock split.
The stock split will be issued in the form of a 100% stock dividend. The
additional shares will be distributed on June 19, 2014 to shareholders of
record at the close of business on June 5, 2014. Trading is expected to begin
at the split-adjusted price on June 20, 2014.
In addition, the Company declared a 33% increase in its quarterly dividend. On
a stock-split adjusted basis, the Company increased its quarterly dividend to
10 cents per share on its $1.00 par value common stock compared to the
current, split-adjusted level of 7.5 cents per share. The quarterly cash
dividend, representing Trinity’s 201st consecutively paid dividend, is payable
July 31, 2014 to stockholders of record on July 15, 2014, and will be made on
the new shares after the 2-for-1 stock split.
Trinity Industries, Inc., headquartered in Dallas, Texas, is a diversified
industrial company that owns market-leading businesses which provide products
and services to the energy, transportation, chemical, and construction
sectors. Trinity reports its financial results in five principal business
segments: the Rail Group, the Railcar Leasing and Management Services Group,
the Inland Barge Group, the Construction Products Group, and the Energy
Equipment Group. For more information, visit: www.trin.net.
Trinity Industries, Inc.
Jessica L. Greiner, 214-631-4420
Director of Investor Relations
Jack Todd, 214-589-8909
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