Ingersoll Rand Declares Regular Quarterly Cash Dividend
Rhea-AI Summary
Ingersoll Rand (NYSE: IR) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.02 per share of common stock. The dividend will be paid on December 5, 2024 to stockholders of record as of November 14, 2024. Ingersoll Rand is a global provider of mission-critical flow creation and life science and industrial solutions.
Positive
- Maintains consistent dividend payment, demonstrating financial stability
- Continues to provide regular cash returns to shareholders
Negative
- Low dividend yield at $0.02 per share indicates cash distribution to shareholders
News Market Reaction 1 Alert
On the day this news was published, IR gained 0.20%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
DAVIDSON, N.C., Oct. 24, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and life science and industrial solutions, declared today a regular quarterly cash dividend of
About Ingersoll Rand Inc.
Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to Making Life Better for our employees, customers, shareholders, and planet. Customers lean on us for exceptional performance and durability in mission-critical flow creation and life science and industrial solutions. Supported by over 80+ respected brands, our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity, and efficiency. For more information, visit our Investor Relations website here.
Investors:
Matthew Fort
Matthew.Fort@irco.com
Media:
Sara Hassell
Sara.Hassell@irco.com