Ingersoll Rand Inc. (NYSE:IR) Shareholders to Get $0.02 Quarterly Dividend

Key Points

• Ingersoll Rand declared a quarterly dividend of $0.02 per share, payable December 3 to shareholders of record on November 12. The dividend implies $0.08 in annual payments and a 0.1% yield.
• The dividend appears well covered, with a current payout ratio of just 2.2%; analysts expect next year’s earnings to reach $3.68 per share.
• In its latest quarter, Ingersoll Rand reported adjusted EPS of $0.86, exceeding estimates of $0.83, while revenue rose 8.5% year over year to $2.05 billion.

Ingersoll Rand Inc. (NYSE:IR - Get Free Report) declared a quarterly dividend on Thursday, October 22nd. Investors of record on Thursday, November 12th will be given a dividend of $0.02 per share by the industrial products company on Thursday, December 3rd. This represents a $0.08 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Thursday, November 12th.

Ingersoll Rand has a payout ratio of 2.2% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Ingersoll Rand to earn $3.68 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 Down 0.5%

NYSE IR traded down $0.41 during trading hours on Friday, hitting $73.70. 472,161 shares of the company were exchanged, compared to its average volume of 4,034,375. The company has a 50 day moving average of $76.79 and a two-hundred day moving average of $78.40. The company has a quick ratio of 1.15, a current ratio of 1.62 and a debt-to-equity ratio of 0.40. Ingersoll Rand has a 52-week low of $68.07 and a 52-week high of $100.96. The firm has a market cap of $28.60 billion, a price-to-earnings ratio of 30.30, a PEG ratio of 3.27 and a beta of 1.15.

Ingersoll Rand (NYSE:IR - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The industrial products company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.03. Ingersoll Rand had a return on equity of 12.90% and a net margin of 12.08%. The business had revenue of $2.05 billion during the quarter, compared to analysts' expectations of $1.96 billion. During the same quarter last year, the business posted $0.80 EPS. The business's quarterly revenue was up 8.5% compared to the same quarter last year. Ingersoll Rand has set its FY 2026 guidance at 3.570-3.570 EPS. Equities research analysts anticipate that Ingersoll Rand will post 3.41 earnings per share for the current year.

About Ingersoll Rand

Ingersoll Rand Inc NYSE: IR is a global provider of mission-critical industrial technologies and solutions. The company designs and manufactures equipment used to manage air, gas, fluids, and other industrial processes, serving customers in manufacturing, energy, food and beverage, life sciences, transportation, and other markets.

Its portfolio includes air compressors, vacuum and blower systems, fluid-handling equipment, pumps, dosing and dispensing systems, and related aftermarket parts and services.

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