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Ingersoll-Rand Lifts Dividend By 33%

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Ingersoll-Rand plc (NYSE: IR) lifted its quarterly dividend by 33%.

Ingersoll-Rand's Board of Directors declared dividend of $0.16 per share, and an annual dividend rate of $0.64 per share, versus $0.48 per share.

Ingersoll-Rand shares gained 2.76% to close at $33.18 on Friday.

 

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