Carrier Global's last quarterly dividend of $0.185 per share was on May 4, 2023 (ex-date). The annualized dividend payment of $0.67 per share represents a current dividend yield of 1.61%.
CARR has a dividend yield of 1.61% which is above the Industrials sector and the industry average. But compared to its Industrials sector average of 1.55%, Carrier Global's dividend yield is only 3.9% higher.
Carrier Global has a history of paying dividends since 2020. Our records of CARR show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 24% for the last twelve months. And with the stock price up by 7% from a year ago, the dividend yield marks an increase of 16%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 4, 2023 | May 24, 2023 | Apr 20, 2023 | $0.185 | normal |
| Dec 21, 2022 | Feb 10, 2023 | Dec 7, 2022 | $0.185 | normal |
| Oct 27, 2022 | Nov 21, 2022 | Oct 13, 2022 | $0.15 | normal |
| Jun 22, 2022 | Aug 10, 2022 | Jun 9, 2022 | $0.15 | normal |
| Apr 28, 2022 | May 19, 2022 | Apr 14, 2022 | $0.15 | normal |
| Dec 22, 2021 | Feb 10, 2022 | Dec 8, 2021 | $0.15 | normal |
| Oct 28, 2021 | Nov 22, 2021 | Oct 14, 2021 | $0.12 | normal |
| Jun 23, 2021 | Aug 10, 2021 | Jun 9, 2021 | $0.12 | normal |
| Apr 30, 2021 | May 24, 2021 | Apr 19, 2021 | $0.12 | normal |
| Dec 22, 2020 | Feb 10, 2021 | Dec 9, 2020 | $0.12 | normal |
| Oct 29, 2020 | Nov 23, 2020 | Oct 15, 2020 | $0.08 | normal |
| Jun 25, 2020 | Jul 20, 2020 | Jun 10, 2020 | $0.08 | normal |
CARR has a payout ratio of 22.2% which is higher than the industry average but lower than the Industrials sector average. In comparison with the Industrials sector average of 27.9%, Carrier Global's payout ratio is 20% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CARR Carrier Global Corp | 1.54% | $0.67 | 22.2% |
| LII Lennox International Inc | 1.42% | $4.24 | 29.4% |
Yes, Carrier Global has been paying dividends for the last three years.
CARR hasn't announced its next dividend date yet, but if we take into consideration its recent dividend frequency, it is likely that its next dividend will be in August 2023.
Carrier Global's last regular dividend was on May 4, 2023 (ex-date) with the amount of $0.185 per share.
CARR's annualized dividend per share is $0.67.
The current dividend yield of Carrier Global is 1.61%.
Carrier Global has a quarterly dividend frequency.
Carrier Global's dividend payout ratio is 22.2%.
Carrier Global's dividend yield is similar to the Industrials sector average.