05-31-2023
USD/share | |
Price | 56.66 |
Dividend | 0.08 |
Earnings | 2.34 |
Cash-flow | 2.12 |
Book value | 22.66 |
Equity | 22.29 |
Ingersoll-Rand Inc is part of Industrial Engineering business, which is part of Industrials industry. Ingersoll-Rand Inc is a company from USA, and his stocks are publicly traded.
Ingersoll-Rand Inc stock dividend
Ingersoll-Rand Inc paid a total dividend of 32 million USD last year, for a market value of 23,004 millions (Market Cap 22,971 millions). Ingersoll-Rand Inc dividend per share is 0.08 USD, and his stock market price 56.66 USD.
According to the chart below, where dividend yield is displayed, Ingersoll-Rand Inc has a dividend yield of 0.14%, lower than the amount offered by both the market average and companies from USA. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
In addition, you should compare Ingersoll-Rand Inc stocks dividend with other Industrial Engineering companies or other of the best USA dividend stocks list.
Ingersoll-Rand Inc Dividend Payout
About the ability of Ingersoll-Rand Inc to maintain his current dividend of USD 0.08 per share, an amount that accounts for 0.14%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Ingersoll-Rand Inc payout on ernings is currently 3.42%, which is lower than the market average and companies of Industrials industry, which are 39.87% and 36.49% respectively. Both figures lead us to believe that there is confidence that Ingersoll-Rand Inccan maintain his current dividend.
The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Ingersoll-Rand Inc is USD 2.12 per share, which is higher than the dividend per share paid by the company of USD 0.08, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Ingersoll-Rand Inc, compared againt world market average, USA companies, Industrials industry and Industrial Engineering sector companies.
Ingersoll-Rand Inc Dividend History
Below you will find a table with the historical evolution of Ingersoll-Rand Inc's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
Year | Yield | USD | Paypout | Shares* |
Present | 0.14% | 0.08 | 3.42% | 406 |
2022 | 0.15% | 0.08 | 3.64% | 406 |
2021 | 0.03% | 0.02 | 2.33% | 420 |
*In millions
Ingersoll-Rand Inc Stock performance
Finally, last moth Ingersoll-Rand Inc showed a return of -0.60% compared to a worldwide -2.16% average, and a -0.90% of Industrials firms. Over the last year, the company obtained a 20.20% versus a worldwide performance of a 0.43%. More detailed information can be seen in the following graph for USA and Industrial Engineering firms.