MILWAUKEE, July 20, 2016 /PRNewswire/ -- The board of directors of Johnson Controls (NYSE: JCI) has authorized a regular quarterly cash dividend of $0.29 per common share. In connection with the pending Tyco merger, this quarterly dividend will be accelerated and payable on August 19, 2016 to shareholders of record at the close of business on August 5, 2016. Johnson Controls has increased its dividend in 36 of the past 38 years and has paid a consecutive dividend since 1887.
About Johnson Controls:
Johnson Controls is a global diversified technology and industrial leader serving customers in more than 150 countries. Our 150,000 employees create quality products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles; and seating components and systems for automobiles. Our commitment to sustainability dates back to our roots in 1885, with the invention of the first electric room thermostat. Through our growth strategies and by increasing market share we are committed to delivering value to shareholders and making our customers successful. In 2016, Corporate Responsibility Magazine recognized Johnson Controls as the #17 company in its annual "100 Best Corporate Citizens" list. For additional information, please visit http://www.johnsoncontrols.com or follow us @johnsoncontrols on Twitter.
SOURCE Johnson Controls