Ingersoll Rand Inc. (IR) to Issue Quarterly Dividend of $0.02 on September 3rd

Ingersoll Rand Inc. (NYSE:IRGet Free Report) declared a quarterly dividend on Thursday, July 23rd. Investors of record on Thursday, August 13th will be paid a dividend of 0.02 per share by the industrial products company on Thursday, September 3rd. This represents a c) annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Thursday, August 13th.

Ingersoll Rand has a dividend payout ratio of 2.2% meaning its dividend is sufficiently covered by earnings. Analysts expect Ingersoll Rand to earn $3.67 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

NYSE IR opened at $84.24 on Friday. The business has a 50 day simple moving average of $76.56 and a 200 day simple moving average of $82.64. Ingersoll Rand has a 52-week low of $68.07 and a 52-week high of $100.96. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.59 and a current ratio of 2.23. The stock has a market cap of $32.97 billion, a price-to-earnings ratio of 56.92, a PEG ratio of 5.33 and a beta of 1.17.

Ingersoll Rand (NYSE:IRGet Free Report) last announced its earnings results on Tuesday, April 28th. The industrial products company reported $0.77 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 the consensus estimate of $1.83 billion. Ingersoll Rand had a net margin of 7.54% and a return on equity of 12.79%. The business’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period last year, the company posted $0.72 EPS. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. Analysts anticipate that Ingersoll Rand will post 3.37 earnings per share for the current fiscal year.

Ingersoll Rand Company Profile

(Get Free Report)

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.

See Also

Dividend History for Ingersoll Rand (NYSE:IR)

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