Johnson Controls International plc Ordinary Share (NYSE:JCI) declared a quarterly dividend on Wednesday, December 6th, RTT News reports. Shareholders of record on Monday, December 18th will be paid a dividend of 0.26 per share by the auto parts company on Friday, January 12th. This represents a $1.04 annualized dividend and a yield of 2.80%. This is an increase from Johnson Controls International plc Ordinary Share’s previous quarterly dividend of $0.25.

Johnson Controls International plc Ordinary Share has raised its dividend payment by an average of 26.7% annually over the last three years and has raised its dividend every year for the last 6 years. Johnson Controls International plc Ordinary Share has a dividend payout ratio of 35.7% indicating that its dividend is sufficiently covered by earnings. Analysts expect Johnson Controls International plc Ordinary Share to earn $3.11 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 32.2%.

Johnson Controls International plc Ordinary Share (NYSE:JCI) traded down $0.30 during mid-day trading on Wednesday, hitting $37.13. The stock had a trading volume of 6,577,600 shares, compared to its average volume of 5,182,174. The firm has a market capitalization of $34,360.00, a P/E ratio of 14.34, a P/E/G ratio of 1.01 and a beta of 0.90. Johnson Controls International plc Ordinary Share has a 1-year low of $34.51 and a 1-year high of $44.70. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.04 and a quick ratio of 0.77.

Johnson Controls International plc Ordinary Share (NYSE:JCI) last posted its quarterly earnings data on Thursday, November 9th. The auto parts company reported $0.87 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.87. The business had revenue of $8.14 billion during the quarter, compared to the consensus estimate of $8.10 billion. Johnson Controls International plc Ordinary Share had a return on equity of 11.91% and a net margin of 6.32%. The company’s revenue was up 30.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.21 earnings per share. equities research analysts expect that Johnson Controls International plc Ordinary Share will post 2.8 EPS for the current fiscal year.

Several equities research analysts have recently weighed in on JCI shares. BidaskClub downgraded Johnson Controls International plc Ordinary Share from a “sell” rating to a “strong sell” rating in a report on Friday, August 18th. Cowen reissued an “outperform” rating and issued a $48.00 price objective on shares of Johnson Controls International plc Ordinary Share in a report on Monday, August 21st. Robert W. Baird reissued a “buy” rating and issued a $50.00 price objective on shares of Johnson Controls International plc Ordinary Share in a report on Monday, August 28th. Zacks Investment Research raised Johnson Controls International plc Ordinary Share from a “sell” rating to a “hold” rating in a report on Tuesday, September 5th. Finally, Morgan Stanley set a $48.00 price objective on Johnson Controls International plc Ordinary Share and gave the company an “overweight” rating in a report on Monday, October 2nd. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and ten have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $47.79.

In other news, CEO George Oliver purchased 27,300 shares of the company’s stock in a transaction dated Friday, November 24th. The stock was acquired at an average price of $36.80 per share, for a total transaction of $1,004,640.00. Following the completion of the transaction, the chief executive officer now directly owns 634,732 shares in the company, valued at approximately $23,358,137.60. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP Jeffrey M. Williams sold 1,955 shares of the firm’s stock in a transaction on Wednesday, October 11th. The shares were sold at an average price of $41.43, for a total value of $80,995.65. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by company insiders.

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About Johnson Controls International plc Ordinary Share

Johnson Controls, Inc is a technology company. The Company provides products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles, and seating and interior systems for automobiles. The Company operates in two segments: Building Efficiency and Power Solutions.

Dividend History for Johnson Controls International plc Ordinary Share (NYSE:JCI)

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