Trailing Dividend / Share
$0.91
Carrier Global Corporation (CARR) Dividend History
Income profile from 2020 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
1.3%
Payout Ratio
51.7%
Sustainable
Dividend Streak
6 years
CARR Dividend Income Check
Safety
51.7% payout ratio with sustainable safety profile.
Consistency
6 straight years of dividend increases.
Income Trend
Yield on cost is 1.8% and trend is rising.
CARR Dividend Scorecard
Yield & Income
Dividend Yield1.3%
Trailing DPS$0.91
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout51.7%
Earnings SafetySustainable
FCF Payout45.9%
FCF SafetyWell Covered
Piotroski F-Score4/9
Growth
Growth Streak6 years
3Y CAGR2.1%
5Y CAGR19.2%
Yield on Cost (5Y)1.8%
YOC Trendrising
Total Returns
Buyback Yield5.1%
Total Shareholder Yield6.4%
1Y Total Return-1.9%
5Y Total Return62.2%
Div Contribution (5Y)8.4%
Estimated $10K growth (return + dividends):
5Y ago$16,21810Y ago$60,01620Y ago$60,017
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
CARR Income Growth Story
Dividend per share and yield on cost over time (7 years of payments)
CARR Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Carrier Global Corporation distributes 51.7% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 45.9%, rated "Well Covered".
Piotroski F-Score: 4/9 — moderate financial health.
Growth Track Record
CARR has raised its dividend for 6 consecutive years, with a 3-year CAGR of 2.1% and 5-year CAGR of 19.2%.
Total Shareholder Returns
Beyond cash dividends, CARR returns capital through share repurchases. The combined picture: 1.3% dividend yield, 5.1% buyback yield, 6.4% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 1.8% and is currently rising. The 5-year total return is 62.2%, with dividends contributing 8.4% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $60,016 today.
CARR Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$3.72
Avg/Payment$0.1860
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 4, 2026Latest | $0.2400 | — | 1.38% | May 22, 2026 |
| Jan 20, 2026 | $0.2400 | ↑ +6.7% | 1.66% | Feb 9, 2026 |
| Oct 29, 2025 | $0.2250 | — | 1.42% | Nov 18, 2025 |
| Jul 21, 2025 | $0.2250 | — | 1.09% | Aug 8, 2025 |
| May 2, 2025 | $0.2250 | — | 1.11% | May 22, 2025 |
| Dec 20, 2024 | $0.2250 | ↑ +18.4% | 1.16% | Feb 7, 2025 |
| Oct 25, 2024 | $0.1900 | — | 1.03% | Nov 18, 2024 |
| Jun 21, 2024 | $0.1900 | — | 1.20% | Aug 8, 2024 |
CARR Dividend vs Peers
Comparable companies in the same industry
#2 yield in peer group
Div Yield
1.3%
#2 of 8
Safety
Sustainable
51.7% payout
Streak
6Y
19.2% 5Y CAGR
Total Shareholder
6.4%
#2 of 8
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
2nd CARRCarrier Global Corpo… | $56.7B | 1.3% | 51.7% | 6 | Sustainable |
 TTTrane Technologies p… | $108.0B | 0.8% | 28.7% | 5 | Sustainable |
 LIILennox International… | $18.8B | 0.9% | 22.0% | 12 | Sustainable |
3rd  JCIJohnson Controls Int… | $87.6B | 1.0% | 29.7% | 5 | Sustainable |
1st  ALLEAllegion plc | $11.6B | 1.5% | 27.2% | 12 | Sustainable |
 AAONAAON, Inc. | $8.0B | 0.4% | 30.3% | 1 | Sustainable |
 WMSAdvanced Drainage Sy… | $12.6B | 0.4% | 11.0% | 2 | Sustainable |
 GNRCGenerac Holdings Inc… | $15.7B | 0.0% | 0.2% | 1 | Sustainable |
CARR Annual Dividend History (2017–2026)
10 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.48 | — | 2 | — | — | — | 1.3% |
| 2025 | $0.68 | -15.1% | 3 | $1.70 | 39.7% | 2.52x | 1.8% |
| 2024 | $0.80 | 6.7% | 4 | $6.15 | 12.9% | 7.74x | 2.1% |
| 2023 | $0.74 | 17.3% | 4 | $1.63 | 45.7% | 2.19x | 2.0% |
| 2022 | $0.64 | 24.5% | 4 | $4.10 | 15.5% | 6.46x | 1.7% |
| 2021 | $0.51 | 82.1% | 4 | $1.87 | 27.3% | 3.67x | 1.4% |
| 2020 | $0.28 | — | 3 | $2.25 | 12.4% | 8.04x | 0.8% |
| 2019 | $0.00 | — | 0 | $2.44 | — | — | — |
| 2018 | $0.00 | — | 0 | $3.16 | — | — | — |
| 2017 | $0.00 | — | 0 | $0.00 | — | — | — |
Full CARR Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See CARR's True Return
Price is only half the story. See total return with reinvested dividends.
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View ValuationCompare CARR vs SPIR
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Start ComparisonCARR — Frequently Asked Questions
Quick answers to the most common questions about buying CARR stock.
How much dividend does CARR pay per share?
Carrier Global Corporation (CARR) pays a trailing 12-month dividend of $0.91 per share, with a current dividend yield of +1.3%. Payments are made Semi-Annual.
When is CARR's next ex-dividend date?
CARR's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. CARR typically pays dividends Semi-Annual.
Is CARR's dividend safe?
CARR's dividend safety is rated "Sustainable" based on an earnings payout ratio of +51.7% and FCF payout ratio of +45.9%. The 6-year growth streak provides moderate confidence.
Is CARR a Dividend Payer?
Yes, Carrier Global Corporation is classified as a Dividend Payer with 6 consecutive years of dividend increases. The 5-year dividend CAGR is +19.2%, demonstrating above-inflation dividend growth.
How often does CARR pay dividends?
Carrier Global Corporation pays dividends Semi-Annual. The trailing 12-month total is $0.91 per share. Dividend data on this page covers 6+ years from 2020 to 2026.
How much would $10,000 invested in CARR grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in CARR five years ago would be worth approximately $16,218 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is CARR's yield on cost for long-term holders?
CARR's yield on cost — the current dividend divided by the original purchase price — is +1.8% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.3% market yield, thanks to consistent dividend growth.