Ingersoll Rand Inc. Announces Quarterly Dividend of $0.02 (NYSE:IR)

Ingersoll Rand Inc. (NYSE:IR) declared a quarterly dividend on Thursday, July 23rd. Investors of record on Thursday, August 13th will be paid a dividend of 0.02 per share by the industrial products company on Thursday, September 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Thursday, August 13th.

Ingersoll Rand has a payout ratio of 2.2% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Ingersoll Rand to earn $3.67 per share next year, which means the company should continue to be able to cover its $0.08 annual dividend with an expected future payout ratio of 2.2%.

Ingersoll Rand Stock Up 1.0%

IR opened at $84.40 on Friday. The business has a 50 day moving average price of $76.28 and a 200 day moving average price of $82.63. Ingersoll Rand has a twelve month low of $68.07 and a twelve month high of $100.96. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.59 and a current ratio of 2.23. The firm has a market cap of $33.03 billion, a P/E ratio of 57.03, a price-to-earnings-growth ratio of 5.28 and a beta of 1.17.

Ingersoll Rand (NYSE:IR) last announced its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.74 by $0.03. Ingersoll Rand had a return on equity of 12.79% and a net margin of 7.54%.The company had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.83 billion. During the same quarter last year, the company posted $0.72 earnings per share. The company’s revenue for the quarter was up 7.6% compared to the same quarter last year. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. Research analysts forecast that Ingersoll Rand will post 3.37 EPS for the current year.

Ingersoll Rand Company Profile

Ingersoll Rand is a diversified industrial company that designs, manufactures and services a wide range of equipment and technologies for commercial, industrial and OEM customers. Its product portfolio includes air compressors and compressed air systems, pneumatic and cordless power tools, material handling and lifting equipment, fluid transfer and pumping solutions, and associated aftermarket parts and service offerings. The company’s products support applications across manufacturing, construction, transportation, oil and gas, mining and general industrial markets.

Ingersoll Rand sells through a combination of direct sales, distributor networks and service channels, delivering both capital equipment and recurring aftermarket revenue from parts, maintenance and service contracts.