
Carrier Global (CARR) Dividend
Carrier Global Corporation · Industrials · Building Products & Equipment · quarterly payer
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 caveatsCarrier 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-date | Change | Old → new | Move |
|---|---|---|---|
| Jan 20, 2026 | Raise | $0.225 → $0.240 | +6.7% |
| Dec 20, 2024 | Raise | $0.190 → $0.225 | +18.4% |
| Dec 20, 2023 | Raise | $0.185 → $0.190 | +2.7% |
| Dec 21, 2022 | Raise | $0.150 → $0.185 | +23.3% |
| Dec 22, 2021 | Raise | $0.120 → $0.150 | +25.0% |
| Dec 22, 2020 | Raise | $0.0800 → $0.120 | +50.0% |
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.
CARR Price — Last 12 Months
Daily close
Price Return
1 Year
-2%
3 Years
+3%
5 Years
-1%
52-Week Range
$50.24 – $76.76
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CARR worth?
Overvaluedlow confidenceOur blended fair-value estimate for Carrier Global Corporation is $19.26 per share, versus a market price of $54.35. That implies 65% of downside.
Fair Value
$19.26
Current Price
$54.35
Downside
-65%
Margin of Safety
-182%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about 25.5% annual free-cash-flow growth. We model 12.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 10.7% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, -$2.21 EPS, $0.96 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CARR Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full CARR dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Oct 29, 2026 | Nov 18, 2026 | $0.2400 | regular |
| Jul 21, 2026 | Aug 10, 2026 | $0.2400 | regular |
| May 4, 2026 | May 22, 2026 | $0.2400 | regular |
| Jan 20, 2026 | Feb 9, 2026 | $0.2400 | regular |
| Oct 29, 2025 | Nov 18, 2025 | $0.2250 | regular |
| Jul 21, 2025 | Aug 8, 2025 | $0.2250 | regular |
| May 2, 2025 | May 22, 2025 | $0.2250 | regular |
| Dec 20, 2024 | Feb 7, 2025 | $0.2250 | regular |
| Oct 25, 2024 | Nov 18, 2024 | $0.1900 | regular |
| Jun 21, 2024 | Aug 8, 2024 | $0.1900 | regular |
| May 2, 2024 | May 22, 2024 | $0.1900 | regular |
| Dec 20, 2023 | Feb 9, 2024 | $0.1900 | regular |
| Oct 26, 2023 | Nov 20, 2023 | $0.1850 | regular |
| Jun 22, 2023 | Aug 10, 2023 | $0.1850 | regular |
Income Calculator
At $0.96 / yr per share
Similar Dividend Stocks
Compare CARR
Explore more
Lists and tools related to CARR
- Does Carrier Global pay dividends? →
- Companies that raise dividends in December →
- Stocks that pay dividends in November →
- Industrials dividend stocks →
- CARR dividend calculator →
- CARR DRIP calculator →
- CARR: last day to buy for the dividend →
- Embed CARR dividend data on your site →
- Dividend increases & cuts this week →
- Dividend calendar →
- Dividend calculator →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →
- Dividend history lookup →
- Guide: what is a good dividend yield? →
- Guide: how to value a dividend stock →
