Conglomerate Johnson Controls International plc (ISIN: IE00BY7QL619, NYSE: JCI) will pay a quarterly dividend of $0.36, it was reported on Wednesday. Compared to the previous quarter (0.35 US dollars), this is an increase of almost 3 percent. The dividend will be paid on April 14, 2023 (record date: March 10, 2023).
Extrapolated for the year as a whole, 1.44 US dollars will be distributed. At the current stock price of $65.01, this equates to a current dividend yield of 2.22 percent (as of March 7, 2023). Johnson Controls has been paying dividends to its investors without interruption since 1887.
In 1885, Warren Johnson founded the company in the USA. In 2016, Johnson Controls acquired Tyco International and relocated its headquarters to Cork, Ireland. Johnson Controls is a provider of services for building technology, such as security solutions, firefighting or building automation and building control.
The group has over 500 branches in more than 150 countries and employs around 100,000 people. Revenue for the first quarter ended December 31 of fiscal 2023 was $6.07 billion (prior year: $5.86 billion) as reported on February 1, 2023. The bottom line was a profit of $118 million, up from a profit of $318 million last year.
The stock has been up 1.57 percent on Wall Street since the beginning of 2023 (as of March 7, 2023). The market capitalization is currently 44.74 billion US dollars.
Editorial team MyDividends.de
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