Carrier Global dividend history

Carrier Global's dividend was $0.675 a share in fiscal 2025, down 15.1% on the year before. That was 52.0% of net income.

Dividends, buybacks and capital spending

FY2026 Q3 TTM

Buybacks (TTM): $1.6B
Dividends (TTM): $787M
Returned to shareholders: 101%; of free cash flow
Buybacks, last 3 fiscal years: $4.9B
Diluted share count: −4.5%; year over year
Total shareholder yield: 5.3%; dividends 1.7% + buybacks 3.6% of market value
R&D spending: 2.7%; of revenue
Sales & admin spending: 13.9%; of revenue

Dividends by fiscal year

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Carrier Global: dividends by fiscal year, annual
Fiscal year	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Dividend per share	—	—	—	$0.510	$0.635	$0.745	$0.795	$0.675	—
Dividend per share growth	—	—	—	—	+24.5%	+17.3%	+6.7%	−15.1%	—
Dividends paid	0	0	138	417	509	620	670	772	787
Share buybacks	—	0	0	527	1,380	62	1,944	2,892	1,623
Dividends ÷ net income	0.0%	0.0%	7.0%	25.1%	14.4%	46.0%	12.0%	52.0%	—
Dividends ÷ free cash flow	0.0%	0.0%	10.0%	22.0%	35.7%	28.6%	>999%	36.4%	33.1%

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

Recent dividend announcements

October 7, 2026 Carrier Board of Directors Declares Quarterly Cash Dividend Source

Compare with peers

Head to head: CARR vs TT CARR vs JCI

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Figures from Carrier Global's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Carrier Global.