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DAVIDSON, N.C. - Ingersoll Rand Inc. (NYSE:IR), a $35 billion market cap industrial company, announced Thursday that its Board of Directors has declared a regular quarterly cash dividend of $0.02 per share of common stock, representing a 0.09% dividend yield. The dividend will be payable on September 4, 2025, to stockholders of record as of August 14, 2025. According to InvestingPro data, the company maintains strong financial health with liquid assets exceeding short-term obligations.
Ingersoll Rand, which describes itself as a provider of mission-critical flow creation and life science and industrial solutions, made the announcement in a press release statement.
The company maintains its regular quarterly dividend rate, which remains unchanged from previous distributions.
Ingersoll Rand operates through more than 80 brands offering products and services for industrial and life science applications, according to the company.
In other recent news, Ingersoll Rand reported its first-quarter 2025 earnings, with results slightly missing analysts’ expectations. The company posted an adjusted earnings per share (EPS) of $0.72, falling short of the anticipated $0.73. Revenue also did not meet forecasts, totaling $1.72 billion compared to the expected $1.73 billion. In a strategic move, Ingersoll Rand has acquired Termomeccanica Industrial Compressors S.p.A. and its subsidiary Adicomp S.p.A. for approximately €160 million, enhancing its Industrial Technologies and Services segment. Additionally, the company expanded its presence in China by acquiring Lead Fluid, a manufacturer specializing in fluid-handling products, expected to contribute around $8 million in annual revenue. Fitch Ratings upgraded Ingersoll Rand’s Long-Term Issuer Default Rating to ’BBB+’ from ’BBB’, citing strong margins and effective leverage management. The rating outlook remains stable, reflecting confidence in the company’s financial strategies. These developments highlight Ingersoll Rand’s ongoing efforts to strengthen its market position and expand its capabilities.
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