SmarterDividends
CARR

Carrier Global (CARR) Dividend

Carrier Global Corporation · Industrials · Building Products & Equipment · quarterly payer

$54.35

Overvalued · -65% Add to Portfolio

As of Nov 5, 2026, Carrier Global (CARR) pays a quarterly dividend of $0.24 per share, or $0.96 a year, a 1.72% yield at its $54.35 share price. It pays every quarter, usually in February, May, August and November. It has raised its dividend 5 years in a row and has a dividend safety grade of B.

Forward Yield

1.72%

Annual Dividend

$0.96

Payout Ratio

67%

5-Yr Growth

19.2%

Ex-Date

Oct 29, 2026

Frequency

Quarterly

Key facts about CARR's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Carrier Global Corporation (CARR) has a forward dividend yield of 1.72%, based on an annual dividend of $0.96 per share and a share price of $54.35.
  • As of Nov 5, 2026, CARR's dividend safety grade from SmarterDividends is B (73 out of 100), which rates the dividend as safe.
  • By SmarterDividends' count, Carrier Global Corporation (CARR) has raised its dividend for 5 consecutive years as of Nov 5, 2026.
  • CARR has never cut its regular dividend in the payment history SmarterDividends has on record.
  • CARR's most recent ex-dividend date was Oct 29, 2026, for a dividend of $0.24 per share.
  • As of Nov 5, 2026, CARR pays out 67% of its trailing 12-month earnings as dividends (its payout ratio).
  • CARR's dividend has grown at an average rate of 19.2% a year over the past five years.
  • As of Nov 5, 2026, CARR's 1.72% yield is 35% above its five-year average yield of 1.27%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for CARR is $19.26 per share, 65% below the $54.35 share price, so CARR screens as overvalued.
  • Carrier Global Corporation (CARR) pays its dividend quarterly, 4 times a year.
  • Carrier Global Corporation (CARR) has raised its regular dividend 6 times and cut it 0 times across the 26 payments on record since 2020. Its most recent change was a 6.7% increase to $0.240 per share, going ex-dividend on Jan 20, 2026.
  • Carrier Global (CARR) has declared its first higher dividend of the year in December in 4 of the last 5 years; its most recent raise, 6.7%, was declared on Dec 3, 2025.
Cite this page

SmarterDividends, "CARR Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/CARR

Is CARR a good dividend stock?

Yes, with caveats

Carrier Global Corporation (CARR) pays a quarterly dividend yielding 1.72% ($0.96/yr), with 5 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record
  • Strong 19.2% 5-yr dividend growth

Risks

  • Share price is down over the past 5 years

Key Data

Dividend Yield
1.72%
Payout Ratio
67%
Annual Dividend
$0.96
5-Yr Avg Growth
19.2%
Ex-Dividend Date
Oct 29, 2026
Years of Growth
5
Frequency
quarterly
Beta
1.33
Market Cap
$44.5B
P/E Ratio
—
5-Yr Total Return
-1%
52-Week Range
$50.24 – $76.76
Dividend Safety
B · 73/100
Ever Cut?
No

CARR dividend raises and cuts

Carrier Global Corporation (CARR) has raised its regular dividend 6 times and cut it 0 times across the 26 payments on record since 2020. Its most recent change was a 6.7% increase to $0.240 per share, going ex-dividend on Jan 20, 2026.

Ex-dateChangeOld → newMove
Jan 20, 2026Raise$0.225 → $0.240+6.7%
Dec 20, 2024Raise$0.190 → $0.225+18.4%
Dec 20, 2023Raise$0.185 → $0.190+2.7%
Dec 21, 2022Raise$0.150 → $0.185+23.3%
Dec 22, 2021Raise$0.120 → $0.150+25.0%
Dec 22, 2020Raise$0.0800 → $0.120+50.0%
CARR ex-dividend date & scheduleNext ex-date Oct 29, 2026 · full ex-dividend historyView →CARR dividend historyEvery payment, totals by year, raises and cutsView →CARR dividend calculator100 shares pay $96.00 a year, $24.00 each quarterCalculate →CARR total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is CARR a good dividend stock?

Yes, with caveats. Carrier Global Corporation (CARR) pays a quarterly dividend yielding 1.72% ($0.96/yr), with 5 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is CARR undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CARR's fair value is about $19.26 versus a $54.35 share price — so it looks overvalued (-65% vs. fair value).

Is CARR's dividend safe?

CARR has a dividend-safety grade of B (73/100), based on its payout coverage, free-cash-flow, 5-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is CARR's fair value?

Our blended fair-value estimate for CARR is about $19.26 per share, about 65% below the current $54.35 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is CARR a buy, hold, or sell?

We don't issue formal ratings, but on the data CARR screens as "yes, with caveats" and overvalued. Carrier Global Corporation (CARR) pays a quarterly dividend yielding 1.72% ($0.96/yr), with 5 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will CARR cut its dividend?

CARR earns a dividend-safety grade of B (73/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does CARR pay a dividend?

Yes. Carrier Global Corporation pays a quarterly dividend of about $0.96 per share annually, a forward yield of roughly 1.72%.

How much dividend does 100 shares of CARR pay?

At $0.96 per share a year, 100 shares of CARR pay $96.00 a year in dividends before tax, about $24.00 each quarter. Buying them costs about $5,435 at the Nov 5, 2026 price.

What is CARR's dividend yield?

As of Nov 5, 2026, CARR's forward dividend yield is 1.72%, based on a $0.96 annual dividend and a $54.35 share price.

What is CARR's dividend per share?

As of Nov 5, 2026, CARR pays $0.96 per share per year, distributed on a quarterly basis.

What is CARR's dividend payout ratio?

As of Nov 5, 2026, CARR's payout ratio is 67% of trailing 12-month earnings — a moderate level that's generally sustainable.

How many years has CARR grown its dividend?

As of Nov 5, 2026, CARR has increased its dividend for 5 consecutive years.

When is the next CARR ex-dividend date?

As of Nov 5, 2026, CARR's next ex-dividend date hasn't been announced. The most recent was Oct 29, 2026, for $0.24 per share.