Ingersoll Rand Declares Regular Quarterly Cash Dividend
Rhea-AI Summary
Ingersoll Rand (NYSE: IR), a global provider of mission-critical flow creation and life science and industrial solutions, has announced a regular quarterly cash dividend. The company's Board of Directors declared a dividend of $0.02 per share of common stock. This dividend will be payable on September 5, 2024, to stockholders of record as of August 15, 2024.
This announcement demonstrates Ingersoll Rand's commitment to returning value to shareholders through consistent dividend payments. The dividend declaration aligns with the company's financial strategy and reflects its ongoing financial stability in the industrial solutions sector.
Positive
- Consistent dividend payment indicates financial stability
- Commitment to returning value to shareholders
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, IR gained 0.04%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
DAVIDSON, N.C., July 26, 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