Johnson Controls International plc (JCI) To Go Ex-Dividend on September 21st

Johnson Controls International plc (NYSE:JCI) announced a quarterly dividend on Wednesday, September 9th. Stockholders of record on Monday, September 21st will be paid a dividend of 0.40 per share on Friday, October 16th. This represents a c) dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Monday, September 21st.

Johnson Controls International has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 4 consecutive years. Johnson Controls International has a payout ratio of 37.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Johnson Controls International to earn $6.07 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 26.4%.

Johnson Controls International Trading Down 1.4%

NYSE JCI opened at $142.95 on Friday. Johnson Controls International has a 12 month low of $104.49 and a 12 month high of $157.06. The company has a current ratio of 1.00, a quick ratio of 0.83 and a debt-to-equity ratio of 0.61. The stock has a 50 day moving average of $144.81 and a 200-day moving average of $141.38. The company has a market cap of $86.59 billion, a PE ratio of 24.86, a PEG ratio of 1.39 and a beta of 1.29.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Thursday, July 30th. The company reported $1.42 earnings per share for the quarter, topping analysts’ consensus estimates of $1.30 by $0.12. The business had revenue of $6.61 billion for the quarter, compared to the consensus estimate of $6.46 billion. Johnson Controls International had a net margin of 14.32% and a return on equity of 22.11%. The firm’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.05 earnings per share. On average, equities research analysts anticipate that Johnson Controls International will post 5.08 EPS for the current fiscal year.

About Johnson Controls International

Johnson Controls International plc (NYSE:JCI) is a global company focused on building technologies and solutions that improve the efficiency, safety and sustainability of buildings. Its offerings include heating, ventilation and air-conditioning systems, building automation and controls, fire detection and suppression equipment, security systems, and related digital technologies and services.

The company serves commercial, institutional, industrial and residential customers, helping organizations manage building operations, energy use, indoor air quality and physical security.