Carrier Global’s Quiet Dividend Strategy Deserves Attention

Carrier's dividend profile contrasts sharply with primary competitor Trane Technologies (NYSE: TT). Trane offers a 0.81% yield on an annualized dividend of $3.76 per share, with its most recent quarterly payment at $0.94 and an upcoming March payment increasing to $1.05.Carrier Global (CARR) receives an A- overall dividend grade, reflecting strong FCF coverage and payout ratio. Wall Street analysts currently rate CARR as a 'Buy' with a +7.2% upside to its price target.The February payment marks the sixth co ...