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Carrier Global (STU:4PN) 3-Year Dividend Growth Rate : 38.30% (As of Mar. 2024)


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What is Carrier Global 3-Year Dividend Growth Rate?

Carrier Global's Dividends per Share for the three months ended in Mar. 2024 was €0.18.

The historical rank and industry rank for Carrier Global's 3-Year Dividend Growth Rate or its related term are showing as below:

STU:4PN' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 38.3   Med: 38.3   Max: 38.3
Current: 38.3

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Carrier Global was 38.30% per year. The lowest was 38.30% per year. And the median was 38.30% per year.

STU:4PN's 3-Year Dividend Growth Rate is ranked better than
84.98% of 586 companies
in the Construction industry
Industry Median: 9.3 vs STU:4PN: 38.30

During the past 12 months, Carrier Global's average Dividends Per Share Growth Rate was 17.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 38.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Carrier Global's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.66. As of today, Carrier Global's Dividend Yield % is 1.14%.

Warning Sign:

Carrier Global Corp stock dividend yield is close to 2-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Carrier Global's 3-Year Dividend Growth Rate

For the Building Products & Equipment subindustry, Carrier Global's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Carrier Global's 3-Year Dividend Growth Rate Distribution in the Construction Industry

For the Construction industry and Industrials sector, Carrier Global's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Carrier Global's 3-Year Dividend Growth Rate falls into.



Carrier Global 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Carrier Global  (STU:4PN) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Carrier Global's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.175/ 0.267
=0.66

During the past 7 years, the highest Dividend Payout Ratio of Carrier Global was 0.39. The lowest was 0.20. And the median was 0.26.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Carrier Global Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1900002024-05-022024-05-032024-05-22Cash DividendquarterlyUSD:EUR 0.932000
USD 0.1900002023-12-202023-12-212024-02-09Cash DividendquarterlyUSD:EUR 0.917000
USD 0.1850002023-10-262023-10-272023-11-20Cash DividendquarterlyUSD:EUR 0.947000
USD 0.1850002023-06-222023-06-232023-08-10Cash DividendquarterlyUSD:EUR 0.923000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Carrier Global's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.69726/60.25
=1.16 %

Current Share Price is €60.25.
Carrier Global's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.69726.

During the past 7 years, the highest Dividend Yield of Carrier Global was 1.65%. The lowest was 0.21%. And the median was 1.21%.

Warning Sign:

Carrier Global Corp stock dividend yield is close to 2-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Carrier Global 3-Year Dividend Growth Rate Related Terms>


Carrier Global (STU:4PN) Business Description

Address
13995 Pasteur Boulevard, Palm Beach Gardens, FL, USA, 33418
Carrier Global manufactures heating, ventilation, and air conditioning, refrigeration, and fire and security products. The HVAC business serves both residential and commercial markets (HVAC segment sales mix is 60% commercial and 40% residential). Carrier's refrigeration segment consists of its transportation refrigeration, Sensitech supply chain monitoring, and commercial refrigeration businesses. The firm's fire and security business manufactures fire detection and suppression, access controls, and intrusion detection products. In April 2023, Carrier announced that it plans to divest its fire and security and commercial refrigeration businesses. The firm also announced the pending acquisition of Germany-based Viessmann for approximately $13 billion.

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