Carrier Global (CARR) to Issue Quarterly Dividend of $0.08 on November 23rd

Carrier Global (NYSE:CARR) announced a quarterly dividend on Friday, October 16th, Wall Street Journal reports. Stockholders of record on Friday, October 30th will be paid a dividend of 0.08 per share on Monday, November 23rd. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date is Thursday, October 29th.

Shares of CARR stock opened at $32.76 on Friday. Carrier Global has a fifty-two week low of $11.50 and a fifty-two week high of $33.47. The company has a debt-to-equity ratio of 2.69, a quick ratio of 1.34 and a current ratio of 1.68. The business’s 50-day simple moving average is $30.63.

Carrier Global (NYSE:CARR) last issued its earnings results on Thursday, July 30th. The company reported $0.33 EPS for the quarter, beating the Zacks’ consensus estimate of $0.27 by $0.06. The firm had revenue of $3.97 billion during the quarter, compared to analysts’ expectations of $3.63 billion. Sell-side analysts predict that Carrier Global will post 1.47 EPS for the current year.

Several research analysts recently issued reports on CARR shares. Credit Suisse Group started coverage on shares of Carrier Global in a report on Tuesday, September 8th. They set a “neutral” rating and a $31.00 target price for the company. Stephens started coverage on shares of Carrier Global in a report on Thursday. They set an “overweight” rating and a $45.00 target price for the company. Barclays raised their target price on shares of Carrier Global from $26.00 to $29.00 in a report on Friday, July 31st. Morgan Stanley raised their target price on shares of Carrier Global from $26.00 to $29.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 13th. Finally, Zacks Investment Research cut shares of Carrier Global from a “buy” rating to a “hold” rating in a report on Wednesday, October 7th. Nine analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $29.80.

About Carrier Global

There is no company description available for Carrier Global Corp.

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