Company: Carrier Global Corp. (CARR)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Carrier Global manufactures heating, ventilation, and air conditioning, refrigeration, and fire and security products. The HVAC business serves both residential and commercial markets (HVAC segment sales mix is 60% commercial and 40% residential). Carrier’s refrigeration segment consists of its transportation refrigeration, Sensitech supply chain monitoring, and commercial refrigeration businesses. The firm’s fire and security business manufactures fire detection and suppression, access controls, and intrusion detection products. In April 2023, Carrier announced that it plans to divest its fire and security and commercial refrigeration businesses. The firm also acquired Germany-based Viessmann for approximately $13 billion. -Morningstar.com-
Symbol: CARR
Recent Price: $64.75
Dividends: $0.76
Yield: 1.17%
Sector: Industrials
Industry: Building Products & Equipment
Address & Company Phone #: 13995 Pasteur Boulevard Palm Beach Garns FL 33418, 860-728-7845
Transfer Agent: Computershare 866-507-8028
Moody’s Rating: Baa3
Minimum & Maximum Investment: $50 – $250,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share
Fees: Div.: 5% of amount invested up to $5 Max Cash: $5+5¢/sh. Cert: $0 Sells: by Mail, Phone or Internet for $25+12¢/sh.
52 Week High & Low: $66.50, $45.68