Ingersoll Rand Increases Dividend by 16 Percent

SWORDS, Ireland--()--Ingersoll-Rand plc (NYSE:IR), a world leader in creating comfortable, sustainable and efficient environments, announced that its board of directors declared a quarterly dividend of 29 cents per ordinary share of the company, reflecting a 16 percent increase. The previous quarterly dividend was 25 cents per share. The annual dividend rate of $1.16 per share is up from $1.00.

“Since 2010 we have raised our annual dividend from 28 cents to $1.16 – an increase of more than 400 percent”

“Since 2010 we have raised our annual dividend from 28 cents to $1.16 – an increase of more than 400 percent,” said Michael W. Lamach, chairman and chief executive officer of Ingersoll Rand. “Today’s dividend increase further demonstrates the balanced capital allocation strategy we have communicated and executed for the past several years. That strategy continues to deliver value for our shareholders, while still investing in long-term growth opportunities for our business.”

The dividend is payable March 31, 2015, to shareholders of record on March 13, 2015.

About Ingersoll Rand

Ingersoll Rand (NYSE:IR) advances the quality of life by creating comfortable, sustainable and efficient environments. Our people and our family of brands — including Club Car®, Ingersoll Rand®, Thermo King® and Trane® — work together to enhance the quality and comfort of air in homes and buildings; transport and protect food and perishables; and increase industrial productivity and efficiency. We are a $13 billion global business committed to a world of sustainable progress and enduring results. For more information, visit www.ingersollrand.com.

Contacts

Media:
Misty Zelent, 704-655-5324
mzelent@irco.com
or
Analysts:
Joe Fimbianti, 704-655-4721
joseph_fimbianti@irco.com
Janet Pfeffer, 704-655-5319
janet_pfeffer@irco.com

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Release Summary

Ingersoll Rand announced that its board of directors declared a quarterly dividend of 29 cents per ordinary share of the company, reflecting a 16 percent increase.

Ingersoll-Rand plc