Dividend Information About Johnson Controls: What Investors Need to Know Before the Sep 22, 2025 Ex-Dividend Date

Johnson Controls (JCI) has announced a cash dividend of $0.400 per share, with the ex-dividend date set for Sep 22, 2025. The dividend was declared on Sep 10, 2025, and will be paid out on Oct 17, 2025. This upcoming payout is notably higher than the average of the last ten dividend payments, which stood at approximately $0.204 per share. The most recent dividend, issued on Jul 18, 2025, amounted to $0.370 per share, also a cash dividend. These figures underscore a consistent trend of increasing shareholder returns, indicating a strengthening financial position for the company.

Recently, Johnson Controls has been making headlines for securing a substantial $155.98 million contract with the U.S. Department of Defense, with an option to expand to $197.23 million. The deal involves the supply of high-efficiency air conditioning systems and components to the Naval Surface Warfare Center. This contract not only reinforces JCI's role in providing critical infrastructure solutions but also highlights its leadership in the HVAC and building management sector. Over the past week, multiple reports have reiterated the significance of the deal, emphasizing JCI’s technological capabilities and its strategic importance in the industrials sector.

As of late, JCI has also been recognized as one of America's Best Employers, showcasing its commitment to fostering a strong workplace culture and employee satisfaction. This recognition, coupled with its recent contract wins, signals a positive trajectory for the company. Analysts have noted that JCI's recent performance, including a 35% stock price increase since the start of 2025 and strong Q3 2025 results, indicates growing investor confidence. Goldman Sachs recently raised its price target for JCI from $119.00 to $124.00, suggesting a potential upside of 15.38%. However, despite its strong market presence, JCI faces some valuation concerns, as evidenced by elevated P/E, P/S, and P/B ratios near historical highs.

Johnson Controls maintains a robust balance sheet with a debt-to-equity ratio of 0.65 and moderate liquidity levels. However, its Altman Z-Score of 2.34 and insider selling activity in the past three months introduce some cautionary signals for long-term investors. The company’s ROIC remains below its WACC, hinting at potential inefficiencies in capital utilization. Investors should closely monitor these factors, along with the broader industrial sector dynamics, as they could influence JCI’s future performance.

In conclusion, Johnson Controls continues to demonstrate a mix of operational strength and market potential, supported by recent contract awards and positive employment recognition. However, the stock’s elevated valuation and mixed insider activity warrant a measured approach. Investors should note that Sep 22, 2025, is the ex-dividend date, meaning any purchase of JCI shares after this date will not be eligible to receive the $0.400 per share dividend.