Johnson Controls International plc (NYSE:JCI) to Issue Quarterly Dividend of $0.40

Johnson Controls International (NYSE:JCI) has declared a quarterly dividend of $0.40 per share, payable on April 10th to shareholders of record as of March 16th. This annualized dividend of $1.60 represents a 1.1% yield and is well-covered by earnings, with a payout ratio of 37.8%. The company has consistently increased its dividend for the past four years and recently exceeded Q1 earnings and revenue expectations.

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