E Daily Stock Pick: Trinity Industries (TRN)

TRN Dividends

Trinity's latest declared quarterly dividend was $0.19 per share payable January 31st.

That $0.19 Q dividend equates to $0.76 annually and yields 3.53% based on yesterday's $21.54 closing price.

TRN Gains?

Adding the $0.76 annual estimated dividend to my $1.46 optimistic estimate of the Trinity Industries Inc price upside shows a $2.22  potential gross gain, per share, which will be reduced by any costs to trade these shares.

As for costs, if we put a little under $1,000.00 today in Trinity Industries Inc at its recent $21.54 price, would buy 46 shares of TRN.

A $10 broker fee paid half at purchase and half at sale could cost us about $0.22 per share.

Subtract that $0.22 brokerage cost from the estimated $2.22 gross estimated gain per share leaves a net gain of $2.00 X 46 shares = $92.00 or a 9.2% net gain on a $990.84 investment.

Therefore, Trinity Industries Inc, whose trading ticker symbol is TRN shows a possible 9.2% net gain including a 3.53% dividend yield. It could be more, it could be less.

The above speculation is based on past year performance. The actual results remain to be seen to learn if Trinity Industries Inc, is worth your time and money.

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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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