15 Dividend Zombies to Invest in

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6. Johnson Controls International plc (NYSE:JCI)

Consecutive Years of Dividend Payments: 137

Johnson Controls International plc (NYSE:JCI) is a multinational conglomerate that specializes in building technologies and solutions and also offers energy storage solutions. In fiscal Q1 2025, the company’s sales reached $5.4 billion, reflecting a 4% increase from the previous year on a reported basis and a 10% rise organically. GAAP income from continuing operations totaled $363 million, while adjusted income from continuing operations came in at $426 million. When excluding mergers and acquisitions and accounting for foreign currency fluctuations, orders grew by 18% year-over-year, while the company’s backlog expanded by 12% to $9.3 billion.

Johnson Controls International plc (NYSE:JCI) has substantial opportunities for revenue growth. Its HVAC solutions and building control systems enable customers to enhance energy efficiency and reduce emissions, supporting their net-zero goals. Additionally, its OpenBlue technology platform leverages AI, advanced analytics, and IoT capabilities to optimize building performance in real time. Moreover, the company is experiencing strong demand for HVAC solutions in data centers, driven by the increasing need to support the growing adoption of AI applications.

Johnson Controls International plc (NYSE:JCI)’s cash position also came in strong. The company generated $249 million in operating cash flow and its free cash flow for the period came in at $133 million. Adjusted free cash flow was $603 million. During the quarter, it returned $245 million in dividends. Currently, its quarterly dividend comes in at $0.37 per share and has a dividend yield of 1.79%, as of March 23. It is one of the best dividend zombies on our list as the company has paid regular dividends for 137 years straight.

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