Johnson Controls International plc (JCI) To Go Ex-Dividend on September 21st

Johnson Controls International plc (NYSE:JCI) announced a quarterly dividend on Wednesday, September 9th. Shareholders of record on Monday, September 21st will be paid a dividend of 0.40 per share on Friday, October 16th. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Monday, September 21st.

Johnson Controls International has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 4 consecutive years. Johnson Controls International has a payout ratio of 37.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Johnson Controls International to earn $6.07 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 26.4%.

Johnson Controls International Trading Up 1.6%

Shares of Johnson Controls International stock opened at $143.32 on Friday. The company has a market capitalization of $86.81 billion, a price-to-earnings ratio of 24.92, a P/E/G ratio of 1.36 and a beta of 1.29. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.00 and a quick ratio of 0.83. The business has a fifty day simple moving average of $144.81 and a two-hundred day simple moving average of $141.29. Johnson Controls International has a 1 year low of $104.49 and a 1 year high of $157.06.

Johnson Controls International (NYSE:JCI) last released its earnings results on Thursday, July 30th. The company reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.12. The company had revenue of $6.61 billion for the quarter, compared to analyst estimates of $6.46 billion. Johnson Controls International had a return on equity of 22.11% and a net margin of 14.32%.Johnson Controls International’s quarterly revenue was up 9.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.05 EPS. Research analysts forecast that Johnson Controls International will post 5.08 EPS for the current year.

Johnson Controls International Company Profile

Johnson Controls International plc (NYSE:JCI) is a global company focused on building technologies and solutions that improve the efficiency, safety and sustainability of buildings. Its offerings include heating, ventilation and air-conditioning systems, building automation and controls, fire detection and suppression equipment, security systems, and related digital technologies and services.

The company serves commercial, institutional, industrial and residential customers, helping organizations manage building operations, energy use, indoor air quality and physical security.