Carrier Board of Directors Announces an 18 Percent Increase in Quarterly Dividend to $0.225 per Share

Carrier Global (NYSE: CARR) has announced an 18% increase in its quarterly dividend to $0.225 per share of common stock.

Rhea-AI Summary

Carrier Global (NYSE: CARR) has announced an 18% increase in its quarterly dividend to $0.225 per share of common stock. The dividend will be paid on February 7, 2025 to shareholders of record as of December 20, 2024.

CEO David Gitlin emphasized the company's commitment to disciplined capital allocation following successful transformation efforts, focusing on delivering value for customers, employees, and shareholders. Carrier maintains its position as a global leader in intelligent climate and energy solutions.

Positive

• 18% increase in quarterly dividend from previous amount
• Successful completion of company transformation initiatives
• Demonstrates strong cash flow position and shareholder return commitment

Negative

• None.

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PALM BEACH GARDENS, Fla., Dec. 6, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, announced today that its Board of Directors declared a quarterly dividend of $0.225 per outstanding share of Carrier common stock. The dividend will be payable on February 7, 2025 to shareowners of record at the close of business on December 20, 2024.

"Today's 18% dividend increase further demonstrates our commitment to disciplined capital allocation," said Carrier Chairman & CEO David Gitlin. "After successfully executing on our transformation, we remain laser-focused on delivering outsized value for our customers, employees, and shareowners."

Carrier
Carrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating solutions that matter for people and our planet for generations to come. From the beginning, we've led in inventing new technologies and entirely new industries. Today, we continue to lead because we have a world-class, diverse workforce that puts the customer at the center of everything we do. For more information, visit corporate.carrier.com or follow Carrier on social media at @Carrier.

Cautionary Statement:
This communication contains statements which, to the extent they are not statements of historical or present fact, constitute "forward-looking statements" under the securities laws. These forward-looking statements are intended to provide management's current expectations or plans for Carrier's future payment of a dividend, based on assumptions currently believed to be valid. Forward-looking statements can be identified by the use of words such as "believe," "expect," "expectations," "plans," "strategy," "prospects," "estimate," "project," "target," "anticipate," "will," "should," "see," "guidance," "outlook," "confident," "scenario" and other words of similar meaning in connection with a discussion of future operating or financial performance. Forward-looking statements may include, among other things, statements relating to future sales, earnings, cash flow, results of operations, uses of cash, share repurchases, tax rates and other measures of financial performance or potential future plans, strategies or transactions of Carrier, Carrier's plans with respect to its indebtedness and other statements that are not historical facts. All forward-looking statements involve risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied in the forward-looking statements. For additional information on identifying factors that may cause actual results to vary materially from those stated in forward-looking statements, see Carrier's reports on Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities and Exchange Commission from time to time. Any forward-looking statement speaks only as of the date on which it is made, and Carrier assumes no obligation to update or revise such statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

CARR-IR

Contact:	Media Inquiries
	Jason Shockley
	561-542-0207
	Jason.Shockley@carrier.com
	Investor Relations
	Michael Rednor
	561-365-2020
	Michael.Rednor@carrier.com

 

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SOURCE Carrier Global Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is Carrier's (CARR) new quarterly dividend amount for 2025?

Carrier's new quarterly dividend is $0.225 per share, representing an 18% increase from the previous amount.

When will Carrier (CARR) pay its newly announced dividend?

The dividend will be paid on February 7, 2025, to shareholders of record as of December 20, 2024.

How much did Carrier (CARR) increase its dividend in December 2024?

Carrier increased its quarterly dividend by 18% in December 2024.

What is the record date for Carrier's (CARR) new dividend?

The record date for Carrier's new dividend is December 20, 2024.