E Daily Stock Pick: Trinity Industries - Wednesday, April 8

Assuming Trinity's stock trades in the range of $10 to $22 this next year, its recent $16.64 price might rise by $3.36 to reach $20.00  by April 8, 2021.

TRN Dividends

Trinity's most recent declared quarterly dividend was $0.19 payable April 30th. That $0.19 Q dividend shows an annual payout of $0.76 to yield 4.57% at yesterday's $16.64 share price.

TRN Gains?

Adding the $0.76 annual estimated dividend to my $3.36 estimate of Trinity Industries Inc price upside shows a $4.12 potential gross gain, per share, reduced by any costs to trade those shares.

Put a little under $1,000.00 today in Trinity Industries Inc at the $16.64  share price, buys 60 shares.

A $10 broker fee paid half at purchase and half at sale could cost about $0.17 per share.

Subtract that $0.17 brokerage cost from my estimated $4.12 gross gain per share results in a net gain of $3.95 X 60 shares = $237.00 or a 23.7% net gain on a $998.40 investment.

Therefore, Trinity Industries Inc, whose trading ticker symbol is TRN shows a possible 23.7% net gain including a 4.57% dividend yield. It could be more, it could be less.

The above speculation is based on past performance and supposition. Only time and money invested will tell if Trinity Industries Inc is worth the expenditure.

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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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