Johnson Controls To Raise Quarterly Dividend From $0.36 To $0.37/Share
Portfolio Pulse from Benzinga Newsdesk
Johnson Controls (JCI) announced it will raise its quarterly dividend from $0.36 to $0.37 per share.
June 07, 2023 | 1:05 pm
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POSITIVE IMPACT
Johnson Controls (JCI) will increase its quarterly dividend from $0.36 to $0.37 per share.
The increase in dividend is a positive signal for investors, as it indicates the company's confidence in its financial performance and commitment to returning value to shareholders. This may lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100