Carlisle Raises Quarterly Dividend 13.6% to $1.25

Carlisle Companies Incorporated raised its quarterly dividend 13.6% to $1.25 a share from $1.10. The increased payment had an ex-dividend date of August 19, 2026, and lifts the annualized dividend to $5.00 a share.

Why the dividend changed

Carlisle presented the increase as an extension of its regular capital-allocation policy, not as a distribution connected to a split, merger, spin-off or other special situation. Chair, President and Chief Executive Officer Chris Koch said the increase reflected the “durability of Carlisle’s business model.” The company also described investment in its operations, acquisitions, share repurchases and dividend increases as components of a balanced capital-deployment approach. Carlisle dividend release

The increase followed a stronger second quarter. Carlisle reported record revenue of $1.6 billion, up 8% from a year earlier, and adjusted earnings per share of $7.03, up 12%. It raised its full-year revenue outlook to mid-single-digit growth while forecasting a flat adjusted EBITDA margin. Management attributed the performance to higher volumes, strategic initiatives and resilient commercial re-roofing demand. Carlisle second-quarter results

The operating picture was not uniformly favorable. Commercial and residential new-construction markets remained soft, while raw-material and freight inflation ran ahead of pricing realization. Carlisle Construction Materials still benefited from solid re-roofing activity, and Carlisle Weatherproofing Technologies recorded share gains. Management’s decision therefore paired a larger regular dividend with confidence in the durability of replacement-roofing demand, despite pressure on margins and construction-sensitive end markets. Carlisle second-quarter Form 10-Q

Dividend track record

Carlisle’s release identifies this as its 50th consecutive annual dividend increase, a longer record than the payment history alone can establish. That company-reported streak places the latest action within a policy maintained through multiple economic and construction cycles. Carlisle dividend release

Recent payments show a step-up pattern. The quarterly amount was $1.00 for the ex-dividend dates of November 15, 2024, February 18, 2025, and May 19, 2025. It increased to $1.10 beginning with the August 19, 2025, ex-dividend date and remained there through May 18, 2026, before rising to $1.25.

Full-year distributions increased from $2.05 a share in 2020 to $4.20 in 2025. Annual growth accelerated from 3.9% in 2021 to 21.1% in 2022 and 24.0% in 2023, then moderated to 15.6% in 2024 and 13.5% in 2025. Over five years, the dividend grew at an annualized 15.4%. The latest increase continues that double-digit pace, although the annual totals show that the rate of growth has varied materially by year.

Is the dividend covered?

The dividend consumes 25% of earnings. That leaves most reported earnings outside the regular distribution, providing a substantial earnings cushion against ordinary fluctuations in the business.

SmarterDividends rates Carlisle’s dividend A with a safety score of 94. That corresponds to “very safe (score 80-100)” and reflects the low earnings payout and established growth record. The rating describes current coverage rather than eliminating operating risk.

Carlisle also reported positive free cash flow from continuing operations for the first half. Its balance sheet and liquidity continued to support investment, acquisitions, repurchases and the dividend, according to management. At the same time, raw-material inflation, freight costs and soft new construction remain relevant because they can affect margins and future cash generation. Carlisle second-quarter results

Yield and valuation

At a share price of $314.14, Carlisle’s forward dividend yield is 1.54%. That is below the Industrials sector median forward yield of 1.61%, so the stock provides slightly less current dividend income than the sector midpoint despite its long record of increases.

The SmarterDividends fair-value estimate is $479.18, producing an undervalued verdict. The estimate is 52% above the share price. This valuation measure is separate from dividend safety: the yield describes current income relative to the market price, while fair value reflects an estimate of the shares’ underlying worth.

What to watch

The next quarterly results will show whether re-roofing demand continues to offset weakness in new construction. Investors can also track whether pricing catches up with raw-material and freight inflation, a key factor behind the recent margin pressure. Carlisle’s full-year framework calls for mid-single-digit revenue growth and a flat adjusted EBITDA margin. Carlisle second-quarter results

Capital allocation is the other principal marker. Management increased its share-repurchase target while retaining a framework that prioritizes organic investment and disciplined building-envelope acquisitions. The next dividend declaration will establish the scheduling of the following quarterly payment and show whether the $1.25 rate is maintained. Carlisle second-quarter Form 10-Q