Carrier Global Corporation's Dividend May Not Be Sustainable Amid Declining Earnings

Carrier Global Corporation (CARR) is set to go ex-dividend on January 20th. The company's next dividend payment will be $0.24 per share, with a trailing yield of 1.7%. The dividend is covered by both profit and cash flow, but earnings have declined by 7.7% over the past five years. Investors should be cautious about the sustainability of the dividend.