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Carrier Global Corporation (CARR) logo

Carrier Global Corporation

S&P 500
CARR|Industrials|Building Products & Equipment|$66.83|P/E 44.7|MCap 55.5B|NYSE

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

66/ 100Safe

CARR's dividend appears safe and well-supported. Strengths include a 61.0% earnings payout ratio & 46.0% fcf payout ratio. Areas of concern: 6.6% operating margin & Volatile profit margin stability. The dividend has been growing at a 19.24% 5-year CAGR.

Based on 15 of 15 metrics

Strengths

  • Dividend Cut: NoneNo dividend cut in recent history.
  • 5-Year Dividend CAGR: 19.2%Dividend has grown at a healthy 5-year pace.
  • Earnings Payout Ratio: 61.0%Low earnings payout ratio leaves room to grow the dividend.

Risks

  • Operating Margin: 6.6%Operating margin is thin and pressures the dividend.
  • Profit Margin Stability: VolatileProfit margins have been volatile.

Payout & Coverage

Safe
Earnings Payout Ratio
61.0%Safe
FCF Payout Ratio
46.0%Safe
CFO Payout Ratio
32.6%Safe
Interest Coverage
4.9xCaution

Balance Sheet

Safe
Net Debt / Total Assets
28.8%Safe
Current Ratio
1.1xCaution
Debt-to-Equity
91.1Safe

Profitability

Caution
Return on Equity
9.9%Caution
Operating Margin
6.6%Warning
Gross Margin
23.3%Caution
Profit Margin Stability
VolatileWarning

Dividend Track Record

Safe
Dividend Streak
6+ yrsCaution
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
19.2%Very Safe
Earnings Stability
StableSafe

About Carrier Global Corporation

Carrier Global Corporation is a global leader in intelligent climate and energy solutions, specializing in HVAC and refrigeration products and services for residential, commercial, and transportation markets worldwide. Operating through segments including Climate Solutions Americas, Climate Solutions Europe, Climate Solutions Asia Pacific, Middle East & Africa, and Climate Solutions Transportation, it delivers air conditioners, heat pumps, chillers, furnaces, boilers, thermostats, air purifiers, and building automation systems. The company also offers comprehensive building services such as audit, design, installation, system integration, repair, maintenance, and monitoring, along with connected cold chain technologies for trucks, trailers, shipping containers, and rail. Brands under its portfolio include Carrier, Viessmann, Toshiba, Automated Logic, and Carrier Transicold, supporting temperature control, air quality management, and energy efficiency in critical industries like healthcare, data centers, education, and logistics. Founded in 1915 and headquartered in Palm Beach Gardens, Florida, Carrier Global Corporation emphasizes digitally enabled lifecycle solutions that enhance comfort, safety, and sustainability.

Dividend Overview

Dividend Yield

1.39%

Annual Dividend

$0.93

Frequency

Quarterly

Payout Ratio

61.00%

FCF Payout Ratio

45.97%

Stock Price

$66.83

52-Week Range

$50.24 $81.09

Dividend History (2016–2025)

CARR annual dividend per share and yield history

Earnings & Profitability

CARR earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

May 4, 2026

Next Payment Date

May 22, 2026

Dividend Growth

3-Year Dividend CAGR

2.06%

5-Year Dividend CAGR

19.24%

10-Year Dividend CAGR

0.00%

3-Year Total Growth

6.30%

5-Year Total Growth

141.07%

10-Year Total Growth

0.00%

Income Calculator

CARR Dividend Calculator

Total Investment

$6,683.00

Annual Income

$93.00

Quarterly Income

$23.25

Monthly Income

$7.75

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Frequently Asked Questions

What is CARR's current dividend yield?
Carrier Global Corporation (CARR) currently has a dividend yield of 1.39%, based on a stock price of $66.83 and an annual dividend of $0.93.
When is CARR's next dividend payment date?
CARR's next ex-dividend date is 2026-05-04 and the next payment date is 2026-05-22. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does CARR pay in dividends per year?
Carrier Global Corporation paid $0.68 per share in annual dividends in 2025. The dividends are paid quarterly.
Has CARR been increasing its dividend?
Carrier Global Corporation has grown its dividend at a 5-year CAGR of 19.24% and a 10-year CAGR of 0.00%.
Is CARR's dividend safe?
Carrier Global Corporation has a payout ratio of 61.00%. Its free cash flow payout ratio is 45.97%. The payout ratio is moderate. Monitor earnings to ensure sustainability.
How is CARR's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Carrier Global Corporation's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for industrials companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.