Ingersoll Rand's latest quarterly dividend of $0.02 per share was on May 15, 2024 (ex-date). The annualized dividend distribution of $0.08 per share represents a current dividend yield of 0.08%.
IR has a dividend yield of 0.08% which is lower than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 1.41%, Ingersoll Rand's dividend yield is 94% lower.
Ingersoll Rand has a history of paying dividends since 2021. Our records of IR show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same since twelve months ago. But with the price of the stock up by 49% from a year ago, the dividend yield has a decrease of 35%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 15, 2024 | Jun 6, 2024 | Apr 25, 2024 | $0.02 | normal |
| Mar 6, 2024 | Mar 28, 2024 | Feb 20, 2024 | $0.02 | normal |
| Nov 17, 2023 | Dec 14, 2023 | Nov 1, 2023 | $0.02 | normal |
| Aug 22, 2023 | Sep 21, 2023 | Aug 1, 2023 | $0.02 | normal |
| May 23, 2023 | Jun 22, 2023 | May 2, 2023 | $0.02 | normal |
| Feb 28, 2023 | Mar 24, 2023 | Feb 14, 2023 | $0.02 | normal |
| Nov 15, 2022 | Dec 16, 2022 | Nov 2, 2022 | $0.02 | normal |
| Aug 16, 2022 | Sep 21, 2022 | Aug 1, 2022 | $0.02 | normal |
| May 19, 2022 | Jun 22, 2022 | May 3, 2022 | $0.02 | normal |
| Mar 8, 2022 | Mar 24, 2022 | Feb 23, 2022 | $0.02 | normal |
| Nov 9, 2021 | Dec 17, 2021 | Oct 26, 2021 | $0.02 | normal |
IR has a payout ratio of 4% which is lower than the Industrials sector, the industry and its peers average. In comparison with the Industrials sector average of 32.7%, Ingersoll Rand's payout ratio is 88% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ITW Illinois Tool Works Inc | 2.26% | $5.6 | 55.1% |
| JCI Johnson Controls International plc | 2.15% | $1.48 | 59.7% |
| FLS Flowserve Corp | 1.62% | $0.82 | 46.1% |
| DOV DOVER Corp | 1.1% | $2.04 | 18.9% |
| PH Parker Hannifin Corp | 1.09% | $6.07 | 28.2% |
| LII Lennox International Inc | 0.78% | $4.45 | 24.5% |
| AAON Aaon Inc | 0.37% | $0.32 | 14.5% |
| IR Ingersoll Rand Inc | 0.08% | $0.08 | 4% |
Yes, Ingersoll Rand has been paying dividends for the last three years.
At this point we don't have a record of IR's next dividend date, but based on the current dividend schedule we project that it will likely be in August 2024.
Ingersoll Rand's last dividend ex-date was on May 15, 2024. The dividend amount was $0.02 per share.
IR's annualized dividend per share is $0.08.
The current dividend yield of Ingersoll Rand is 0.08%.
Ingersoll Rand pays four dividends per year.
The dividend payout ratio of Ingersoll Rand is 4%.
Ingersoll Rand's dividend yield is less than the Industrials sector average.