Johnson Controls International plc (JCI) to Issue Quarterly Dividend of $0.40 on July 10th

Johnson Controls International plc (NYSE:JCI) declared a quarterly dividend on Wednesday, June 3rd. Investors of record on Monday, June 15th will be paid a dividend of 0.40 per share on Friday, July 10th. This represents a c) annualized dividend and a yield of 1.1%. The ex-dividend date is Monday, June 15th.

Johnson Controls International has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 4 consecutive years. Johnson Controls International has a payout ratio of 37.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Johnson Controls International to earn $5.73 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 27.9%.

Johnson Controls International Price Performance

Shares of NYSE JCI opened at $144.83 on Friday. The stock has a market cap of $88.36 billion, a price-to-earnings ratio of 25.91, a PEG ratio of 1.56 and a beta of 1.32. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.85 and a current ratio of 1.04. Johnson Controls International has a fifty-two week low of $100.86 and a fifty-two week high of $149.10. The firm’s 50-day simple moving average is $140.40 and its 200 day simple moving average is $130.73.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings data on Tuesday, March 31st. The company reported $1.19 EPS for the quarter. Johnson Controls International had a return on equity of 19.50% and a net margin of 14.45%.The firm had revenue of $6.14 billion during the quarter. As a group, research analysts anticipate that Johnson Controls International will post 4.86 earnings per share for the current fiscal year.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, VP Todd M. Grabowski sold 1,800 shares of the business’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $146.20, for a total value of $263,160.00. Following the transaction, the vice president owned 26,215 shares of the company’s stock, valued at approximately $3,832,633. The trade was a 6.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Lei Zhang Schlitz sold 88,809 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $140.99, for a total value of $12,521,180.91. Following the sale, the vice president directly owned 57,059 shares of the company’s stock, valued at approximately $8,044,748.41. This represents a 60.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.29% of the stock is currently owned by insiders.

Institutional Trading of Johnson Controls International

Several hedge funds have recently added to or reduced their stakes in JCI. Strategic Investment Advisors MI grew its position in shares of Johnson Controls International by 1.5% during the 4th quarter. Strategic Investment Advisors MI now owns 5,389 shares of the company’s stock valued at $645,000 after acquiring an additional 78 shares during the period. UMB Bank n.a. lifted its stake in Johnson Controls International by 2.5% in the fourth quarter. UMB Bank n.a. now owns 3,261 shares of the company’s stock valued at $391,000 after purchasing an additional 79 shares during the last quarter. Lcnb Corp grew its holdings in Johnson Controls International by 4.0% during the fourth quarter. Lcnb Corp now owns 2,094 shares of the company’s stock valued at $251,000 after purchasing an additional 81 shares during the period. Annis Gardner Whiting Capital Advisors LLC grew its holdings in Johnson Controls International by 6.9% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,257 shares of the company’s stock valued at $165,000 after purchasing an additional 81 shares during the period. Finally, Catalyst Financial Partners LLC increased its position in Johnson Controls International by 2.5% in the third quarter. Catalyst Financial Partners LLC now owns 3,398 shares of the company’s stock worth $374,000 after buying an additional 84 shares during the last quarter. Institutional investors own 90.05% of the company’s stock.

About Johnson Controls International

Johnson Controls International plc is a global diversified technology and multi‑industrial company that develops products, services and solutions for buildings and energy storage. The company’s core focus is on improving building efficiency, safety and sustainability through a combination of HVAC equipment, building controls and automation, fire and security systems, and related services. Johnson Controls traces its roots to 1885, when inventor Warren S. Johnson developed an electric room thermostat; over its long history the company has expanded from controls into a broad set of building‑related technologies and, through corporate transactions, into a global provider of integrated building solutions.

Johnson Controls’ product and service portfolio includes heating, ventilation and air‑conditioning equipment, chillers, air handlers and related mechanical systems, together with building automation and control platforms that monitor and manage energy use, indoor environmental quality and security.