JCIJohnson Controls International plcStock — Industrials
Yield
1.11%
$1.60 indicated at $143.96
Dividend
$0.40/qtr
Paid Oct 16, 2026; raised $0.37 → $0.40 in September 2025
Payout ratio
27.3%
Trailing, per InsideArbitrage (sources range ~27–34%)
Pays
Quarterly
Consecutive dividend paid since 1887
House verdict
Covered nearly four times over, paying since 1887. A $0.40 quarterly dividend at a ~27% trailing payout, from a company that has paid a consecutive dividend since 1887. The 2025 raise to $0.40 and 7–8% five-year growth say the dividend is a habit, not a headline.
Key risk: Building cycles are slow-moving — a construction downturn trims the growth rate, not the payout.
Changes if: The payout rises past ~50% or the raise streak breaks.
- ✓Covered by earnings 27.30% trailing payout, per InsideArbitrage.
- ✓Longevity Consecutive dividend paid since 1887.
- !Modest yield 1.11% at the Oct 23 close — steady, not rich.
What this grade doesn't say: It screens the dividend only — covered, real, compounding. It says nothing about valuation or price: a well-covered payer can still be overpriced, and its price can still fall.