Carrier Global Corporation (NYSE:CARR) Plans Quarterly Dividend of $0.24

Posted by Brian Himes on Oct 8th, 2026

Carrier Global Corporation (NYSE:CARR – Get Free Report) announced a quarterly dividend on Wednesday, October 7th. Shareholders of record on Thursday, October 29th will be paid a dividend of $0.24 per share on Wednesday, November 18th. This represents a $0.96 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Thursday, October 29th.

Carrier Global has increased its dividend payment by an average of 0.2%annually over the last three years and has increased its dividend every year for the last 4 years. Carrier Global has a dividend payout ratio of 27.7% indicating that its dividend is sufficiently covered by earnings. Analysts expect Carrier Global to earn $3.26 per share next year, which means the company should continue to be able to cover its $0.96 annual dividend with an expected future payout ratio of 29.4%.

Carrier Global Trading Down 1.9%

NYSE:CARR opened at $55.01 on Thursday. The company has a quick ratio of 0.72, a current ratio of 1.02 and a debt-to-equity ratio of 0.77. The business’s 50 day moving average is $58.79 and its two-hundred day moving average is $62.93. Carrier Global has a 52 week low of $50.24 and a 52 week high of $76.76. The company has a market cap of $45.35 billion, a PE ratio of 38.20, a P/E/G ratio of 1.92 and a beta of 1.29.

Carrier Global (NYSE:CARR – Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.82 by $0.04. The business had revenue of $6.35 billion during the quarter, compared to the consensus estimate of $6.02 billion. Carrier Global had a return on equity of 14.68% and a net margin of 5.52%.The business’s quarterly revenue was up 3.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.92 EPS. Carrier Global has set its FY 2026 guidance at 2.900-2.900 EPS. On average, analysts predict that Carrier Global will post 2.87 EPS for the current year.

Wall Street Analyst Weigh In

CARR has been the subject of several recent research reports. Wells Fargo & Company began coverage on shares of Carrier Global in a research note on Thursday, September 24th. They set an “overweight” rating and a $67.00 target price for the company. Sanford C. Bernstein reduced their price target on shares of Carrier Global from $78.00 to $64.00 and set a “market perform” rating on the stock in a research report on Wednesday. Zacks Research lowered shares of Carrier Global from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 1st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Carrier Global in a report on Monday, July 20th. Finally, Wolfe Research reiterated an “outperform” rating and set a $80.00 price target on shares of Carrier Global in a research report on Thursday, July 9th. Twelve analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $72.27.

Read Our Latest Stock Analysis on Carrier Global

About Carrier Global

(Get Free Report)

Carrier Global Corporation (NYSE:CARR) is a global provider of intelligent climate and energy solutions. The company develops and manufactures heating, ventilation and air-conditioning (HVAC) systems, heat pumps, building controls, and related equipment for residential, commercial and industrial customers. Its offerings are designed to support temperature control, indoor air quality, energy efficiency and building performance.

Carrier also provides refrigeration products and services for food retail, transportation and other applications.