Carlisle Companies Announces a Dividend Increase, its 48th Consecutive Annual Increase

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Price: $326.37 +3.90%

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SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Carlisle Companies Incorporated (NYSE: CSL) today announced that its Board of Directors approved an 18% increase in the Company’s regular quarterly dividend from $0.85 to $1.00 per share, or to $4.00 per share on an annualized basis. The dividend is payable on September 3, 2024, to shareholders of record at the close of business on August 20, 2024.

Chris Koch, Chair, President and Chief Executive Officer, said, “This year’s 18% increase marks Carlisle’s 48th consecutive annual dividend increase and demonstrates our long track record of exceptional free cash flow generation and our commitment to consistently return capital to our shareholders as part of our superior capital allocation strategy.”

About Carlisle Companies Incorporated

Carlisle Companies Incorporated is a leading supplier of innovative building envelope products and solutions for more energy efficient buildings. Through its building products businesses – Carlisle Construction Materials ("CCM") and Carlisle Weatherproofing Technologies ("CWT") – and family of leading brands, Carlisle delivers innovative, labor-reducing and environmentally responsible products and solutions to customers through the Carlisle Experience. Carlisle is committed to generating superior shareholder returns and maintaining a balanced capital deployment approach, including investments in our businesses, strategic acquisitions, share repurchases and continued dividend increases. Leveraging its culture of continuous improvement as embodied in the Carlisle Operating System ("COS"), Carlisle has committed to achieving net-zero greenhouse gas emissions by 2050.