Ingersoll Rand Inc. (IR) To Go Ex-Dividend on May 14th

Ingersoll Rand Inc. (NYSE:IR) declared a quarterly dividend on Thursday, April 23rd. Stockholders of record on Thursday, May 14th will be paid a dividend of 0.02 per share by the industrial products company on Thursday, June 4th. This represents a c) annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Thursday, May 14th.

Ingersoll Rand has a dividend payout ratio of 2.2% indicating that its dividend is sufficiently covered by earnings. Analysts expect Ingersoll Rand to earn $3.68 per share next year, which means the company should continue to be able to cover its $0.08 annual dividend with an expected future payout ratio of 2.2%.

Ingersoll Rand Price Performance

Shares of Ingersoll Rand stock opened at $74.71 on Tuesday. The stock’s 50-day simple moving average is $83.18 and its 200-day simple moving average is $83.69. Ingersoll Rand has a 52 week low of $72.45 and a 52 week high of $100.96. The company has a market capitalization of $29.24 billion, a price-to-earnings ratio of 50.48, a PEG ratio of 4.78 and a beta of 1.25. The company has a quick ratio of 1.59, a current ratio of 2.23 and a debt-to-equity ratio of 0.47.

Ingersoll Rand (NYSE:IR) last issued its earnings results on Tuesday, April 28th. The industrial products company reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.03. The firm had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.83 billion. Ingersoll Rand had a return on equity of 12.79% and a net margin of 7.54%.The business’s revenue was up 7.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.72 earnings per share. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. As a group, analysts expect that Ingersoll Rand will post 3.38 earnings per share for the current fiscal year.

About Ingersoll Rand

Ingersoll Rand is a diversified industrial company that designs, manufactures and services a wide range of equipment and technologies for commercial, industrial and OEM customers. Its product portfolio includes air compressors and compressed air systems, pneumatic and cordless power tools, material handling and lifting equipment, fluid transfer and pumping solutions, and associated aftermarket parts and service offerings. The company’s products support applications across manufacturing, construction, transportation, oil and gas, mining and general industrial markets.

Ingersoll Rand sells through a combination of direct sales, distributor networks and service channels, delivering both capital equipment and recurring aftermarket revenue from parts, maintenance and service contracts.