Carrier Board of Directors Announces Increase in Quarterly Dividend to $0.24 per Share

Rhea-AI Summary

Carrier (NYSE: CARR) announced its Board of Directors declared a quarterly dividend of $0.24 per share. The dividend is payable on February 9, 2026 to shareowners of record at the close of business on January 20, 2026. The company noted this increase represents a 200% rise since the 2020 spin and framed the move as part of a disciplined capital-allocation approach while continuing business investment.

The communication also included a cautionary statement that future dividend payments are forward-looking and subject to risks and uncertainties described in Carrier's SEC filings.

Positive

• Dividend declared of $0.24 per share
• Dividend payable on Feb 9, 2026 with record date Jan 20, 2026
• Dividend +200% since Carrier's 2020 spin

Negative

• Future dividend payments are forward-looking and subject to risks per the company cautionary statement

Insights

Capital allocation analyst

Carrier raised its quarterly dividend to $0.24, signaling stronger cash return and continued capital allocation discipline.

The board declared a quarterly dividend of $0.24 per share payable February 9, 2026 to holders of record on January 20, 2026. Management highlights a 200% increase in the dividend since the 2020 spin while stating continued reinvestment in the business, which frames this move as a shareholder‑friendly cash allocation step tied to cash generation.

Key dependencies and risks include the sustainability of free cash flow and any undisclosed capital needs; the company cites forward‑looking uncertainty and directs readers to SEC filings for risk factors. Watch upcoming quarterly cash flow and the next set of filings over the next 12 months for confirmation of dividend sustainability and any changes to share repurchase or reinvestment plans.

PALM BEACH GARDENS, Fla., Dec. 3, 2025 /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 $0.24 per outstanding share of Carrier common stock. The dividend will be payable on February 9, 2026 to shareowners of record at the close of business on January 20, 2026.

"With today's increase, we have raised our dividend by 200% since our spin in early 2020, while continuing to invest in our business," said Chairman & CEO David Gitlin. "This is a reflection of our disciplined and balanced approach to capital allocation and our commitment to returning capital to our shareowners."

About Carrier
Carrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating innovations that bring comfort, safety and sustainability to life. Through cutting-edge advancements in climate solutions such as temperature control, air quality and transportation, we improve lives, empower critical industries and ensure the safe transport of food, life-saving medicines and more. Since inventing modern air conditioning in 1902, we lead with purpose: enhancing the lives we live and the world we share. We continue to lead because of our world-class, inclusive 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.

Carrier. For the World We Share.

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
	Rob Six
	561-281-2362
	Robert.Six@Carrier.com
	Investor Relations
	Michael Rednor
	561-365-2020
	InvestorRelations@Carrier.com

 

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SOURCE Carrier Global Corporation

FAQ

What dividend did Carrier (CARR) declare on December 3, 2025?

Carrier declared a quarterly dividend of $0.24 per share.

When is the Carrier (CARR) dividend payable and what is the record date?

The dividend is payable on February 9, 2026 to shareholders of record at the close of business on January 20, 2026.

How much has Carrier (CARR) increased its dividend since its 2020 spin?

Carrier said the dividend has increased by 200% since the 2020 spin.

Does the Carrier (CARR) announcement guarantee future dividends?

No; the company stated future dividend payments are forward-looking and subject to risks and uncertainties disclosed in its SEC filings.

What does the $0.24 dividend mean for CARR shareholders' immediate cash return?

Shareholders of record on January 20, 2026 will receive $0.24 per share on February 9, 2026.