Carrier Global Dividend
Dividend criteria checks 2/6
Carrier Global is a dividend paying company with a current yield of 1.24% that is well covered by earnings. Next payment date is on 22nd May, 2024 with an ex-dividend date of 2nd May, 2024.
Key information
1.2%
Dividend yield
51%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | 22 May 24 |
| Ex dividend date | 02 May 24 |
| Dividend per share | n/a |
| Earnings per share | Mex$1.38 |
| Dividend yield forecast in 3Y | 1.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, CARR * has been paying a dividend for less than 10 years.
Growing Dividend: CARR *'s dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Carrier Global Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CARR *) | 1.2% |
| Market Bottom 25% (MX) | 2.2% |
| Market Top 25% (MX) | 6.6% |
| Industry Average (Building) | 2.3% |
| Analyst forecast in 3 Years (CARR *) | 1.5% |
Notable Dividend: CARR *'s dividend (1.24%) isn’t notable compared to the bottom 25% of dividend payers in the MX market (2.17%).
High Dividend: CARR *'s dividend (1.24%) is low compared to the top 25% of dividend payers in the MX market (6.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.4%), CARR *'s dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.8%), CARR *'s dividend payments are well covered by cash flows.