Carrier Gb Cp Stock Price, News & Analysis

Carrier Global Corporation (NYSE: CARR) announced a quarterly dividend increase of 23%, raising it to $0.185 per share. The dividend will be paid on February 10, 2023, to shareholders of record by December 22, 2022. Carrier emphasizes its commitment to shareholder value and ongoing investments in growth and acquisitions. CEO Dave Gitlin expressed confidence in the company's strategy and long-term prospects.

Carrier Global Corporation (NYSE: CARR) announced a schedule change for its presentation at the Stephens Annual Investment Conference. Chairman & CEO David Gitlin and CFO Patrick Goris will now present at 3 p.m. ET on November 15, 2022, instead of the originally planned 11 a.m. ET. The event will be accessible via live broadcast at ir.carrier.com, with a replay available afterward. Carrier continues to position itself as a leader in innovative building and cold chain solutions, emphasizing its commitment to sustainability and customer-centric approaches.

Carrier Global Corporation (NYSE: CARR) announced strategic partnerships with the United Nations World Food Programme and the African Centre of Excellence for Sustainable Cooling and Cold-chain to enhance cold chain capabilities in Africa. Key projects include a cold chain center in Kigali, Rwanda, focused on skill development and best practices, and a Transport Training Centre in Accra, Ghana, aimed at improving transportation logistics for temperature-sensitive goods. These initiatives aim to reduce food loss and improve health outcomes while aligning with Carrier's 2030 Environmental, Social & Governance goals.

Carrier Global Corporation (NYSE: CARR) is set to present at the Stephens Annual Investment Conference on Nov. 15, 2022, at 11 a.m. ET. Chairman & CEO David Gitlin and Senior VP & CFO Patrick Goris will represent the company. The event will be available via live broadcast on ir.carrier.com, with a replay accessible post-event.

Carrier leads globally in providing sustainable building and cold chain solutions, dedicated to enhancing safety and comfort for future generations.

Carrier Global Corporation (CARR) announced a robust third quarter, reporting net sales of $5.5 billion, up 2% year-over-year, with organic sales increasing 8%. GAAP EPS reached $1.53 and adjusted EPS was $0.70. The company generated net cash flows from operating activities of $790 million and free cash flow of $699 million. Carrier's Board authorized a $2 billion share repurchase program, reflecting confidence in its long-term strategy. The updated full-year adjusted EPS guidance is between $2.30 and $2.35, while free cash flow outlook has been revised to ~$1.4 billion due to delayed supply chain improvements.

Carrier Global Corporation (NYSE: CARR) announced a quarterly dividend of $0.15 per share, payable on Nov. 21, 2022, to shareholders on record as of Oct. 28, 2022. This reflects the company's commitment to returning value to its investors amidst ongoing business operations in sustainable building and cold chain solutions. The announcement aligns with the company's financial strategy, although future dividends may be subject to fluctuations based on management's forward-looking statements.

Kidde has launched the Cause For Alarm campaign in the Bronx, New York, aiming to raise fire safety awareness and address educational gaps. The initiative is supported by actor Jesse Williams and features a mural by artist Cey Adams. Statistics indicate African Americans are at nearly double the risk for house fire deaths. Kidde collaborates with The Home Depot and others to donate fire safety products, pledging $1 per alarm sold, up to $1 million. The mural will be displayed until October 31, 2022, aimed at inspiring community change.