Johnson Controls (JCI) will raise its quarterly dividend by 15.8 percent to $0.22 per share. Johnson Controls now has increased its dividend in 33 of the past 35 years an has paid annual dividends since 1887. The dividend wasn't increased only during the credit crisis, when a $0.13 quarterly dividend was maintained for three years. At the current stock price of $48.22 the dividend yield is 1.8%.

JJohnson Controls is a manufacturer and installer of automotive seatings and interiors and building products and systems, including HVAC equipment, HVAC controls, energy-management systems, security systems, fire detection systems and fire suppression solutions. The company further serves customers by providing technical services (in the HVAC, security and fire-protection space), energy-management consulting and data-driven solutions via its data-enabled business. Also, the Group has a strong presence in the North American residential air conditioning and heating systems market and is a global market leader in industrial refrigeration products. Johnson Controls was originally incorporated in the state of Wisconsin in 1885 as Johnson Electric Service Company to manufacture, install and service automatic temperature regulation systems for buildings.