Johnson Controls International plc Declares Quarterly Dividend of $0.40 (NYSE:JCI)

Johnson Controls International plc (NYSE:JCI) announced a quarterly dividend on Wednesday, June 3rd. Shareholders of record on Monday, June 15th will be given 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 increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 4 years. Johnson Controls International has a dividend payout ratio of 37.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Johnson Controls International to earn $5.67 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 28.2%.

Johnson Controls International Stock Up 3.6%

NYSE JCI opened at $147.11 on Thursday. The business has a fifty day moving average price of $138.76 and a two-hundred day moving average price of $129.39. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.04 and a quick ratio of 0.85. Johnson Controls International has a fifty-two week low of $100.86 and a fifty-two week high of $148.38. The stock has a market capitalization of $89.75 billion, a PE ratio of 26.32, a PEG ratio of 1.54 and a beta of 1.32.

Johnson Controls International (NYSE:JCI) last released its earnings results on Tuesday, March 31st. The company reported $1.19 earnings per share 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. Equities analysts expect that Johnson Controls International will post 4.86 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, VP Lei Zhang Schlitz sold 88,809 shares of the stock in a transaction on Friday, May 8th. The stock was sold at an average price of $140.99, for a total value of $12,521,180.91. Following the completion of the sale, the vice president directly owned 57,059 shares in the company, valued at $8,044,748.41. This represents a 60.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.29% of the stock is owned by insiders.

Institutional Trading of Johnson Controls International

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Strategic Investment Advisors MI lifted its stake in Johnson Controls International by 1.5% in the fourth quarter. Strategic Investment Advisors MI now owns 5,389 shares of the company’s stock worth $645,000 after purchasing an additional 78 shares during the last quarter. 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 worth $391,000 after purchasing an additional 79 shares during the last quarter. Lcnb Corp lifted its stake in Johnson Controls International by 4.0% in the fourth quarter. Lcnb Corp now owns 2,094 shares of the company’s stock worth $251,000 after purchasing an additional 81 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC lifted its stake in Johnson Controls International by 6.9% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,257 shares of the company’s stock worth $165,000 after purchasing an additional 81 shares during the last quarter. Finally, Catalyst Financial Partners LLC lifted its stake 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 purchasing an additional 84 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

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.