Johnson controls increases share repurchase authorization by $4 billion and raises annual dividend to $1.08 per share

Cork, ireland, march 11, 2021 /prnewswire/ -- the johnson controls international plc (nyse: jci) board of directors today approved an increase to its regular annual cash dividend to $1.08 per common share from $1.04 previously, representing a payout ratio of approximately 42 percent. the increase will be effective beginning with the fiscal second quarter dividend payment of $0.27 per share, which was declared today and will be payable on april 16, 2021 to shareholders of record at the close of business on march 22, 2021.
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