Johnson Controls Hikes Dividend By ~3%
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  • Johnson Controls International plc JCI board of directors has increased the quarterly dividend to $0.36 per share.
  • This represents a $0.01 increase over the previous quarterly dividend.
  • The dividend is payable on Apr. 14, 2023, to shareholders of record at the close of business on Mar. 20, 2023. 
  • Johnson Controls has paid a consecutive dividend since 1887.
  • The company held $1.5 billion in cash and equivalents as of Dec. 31, 2022.
  • Price Action: JCI shares are trading higher by 0.12% at $65.19 on the last check Wednesday.
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