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Applied Industrial Technologies (AIT) Dividend Yield, Date & History

Applied Industrial Technologies logo
$240.58 -2.87 (-1.18%)
(As of 12/20/2024 05:31 PM ET)

Applied Industrial Technologies Dividend Summary

Dividend Yield
0.62%
Annual Dividend
$1.48
Recent
Dividend Payment
Nov. 29
Dividend Increase
Track Record
15 Years
Annualized 3-Year
Dividend Growth
3.03%
Dividend Payout Ratio
15.10%

Applied Industrial Technologies (AIT) pays an annual dividend of $1.48 per share, with a dividend yield of 0.62%. The next quarterly payment of $0.37 per share was paid on Friday, November 29, to investors who owned the stock before the ex-dividend date of Friday, November 15. AIT has grown its dividend for 15 consecutive years, with an average annual increase of 1.00%. The company currently pays out 15.10% of its earnings and 14.65% of its cash flow as dividends.

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AIT Dividend Payments by Quarter

The chart below displays up to four years of Applied Industrial Technologies' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

AIT Dividend Yield Over Time

The chart below tracks Applied Industrial Technologies' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Applied Industrial Technologies vs. The Competition

Compare Applied Industrial Technologies' annual dividend, yield, and 3-year growth rate with averages for Industrial and NYSE companies to evaluate its performance against the market.

TypeApplied Industrial TechnologiesIndustrial CompaniesNYSE Companies
Annual Dividend$1.48$0.01$1.39
Dividend Yield0.62%2.08%3.58%
Annualized 3-Year Dividend Growth3.03%11.38%15.78%
Track Record15 years33 years24 years

Applied Industrial Technologies Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings15.10%
Based on This Year's Estimate15.16%
Based on Next Year's Estimate13.98%
Based on Cashflow14.65%

Applied Industrial Technologies Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/24/2024Quarterly$0.37 - 0.64%11/15/202411/15/202411/29/2024
6/28/2024Quarterly$0.37 - 0.76%8/15/20248/15/20248/30/2024
4/25/2024Quarterly$0.37 - 0.83%5/14/20245/15/20245/31/2024
1/25/2024Quarterly$0.37+$0.02
5.71%
0.82%2/14/20242/15/20242/29/2024
10/26/2023Quarterly$0.35 - 0.9%11/14/202311/15/202311/30/2023
6/23/2023Quarterly$0.35 - 1.02%8/14/20238/15/20238/31/2023
4/27/2023Quarterly$0.35 - 1.03%5/12/20235/15/20235/31/2023
1/26/2023quarterly$0.35+$0.01
2.94%
1%2/14/20232/15/20232/28/2023

This table shows Applied Industrial Technologies' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Applied Industrial Technologies Dividend - Frequently Asked Questions

The current dividend yield for Applied Industrial Technologies is 0.62%. Learn more on AIT's dividend yield history.

The annual dividend for AIT shares is $1.48. Learn more on AIT's annual dividend history.

Applied Industrial Technologies pays quarterly dividends to shareholders.

Applied Industrial Technologies's most recent quarterly dividend payment of $0.37 per share was made to shareholders on Friday, November 29, 2024.

Applied Industrial Technologies's most recent ex-dividend date was Friday, November 15, 2024.

Over the past three years, the company's dividend has grown by an average of 3.03% per year.

Applied Industrial Technologies has increased its dividend for the past 15 consecutive years.

The most recent change in the company's dividend was an increase of $0.02 on Thursday, January 25, 2024.

The dividend payout ratio for AIT is:
  • 15.10% based on the trailing year of earnings
  • 15.16% based on this year's estimates
  • 13.98% based on next year's estimates
  • 14.65% based on cash flow

Applied Industrial Technologies' dividend yield of 0.57% is lower than the average Industrial Products company that issues a dividend. The company's 15 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Applied Industrial Technologies' dividend payout ratio of 15.10% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Applied Industrial Technologies stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:AIT) was last updated on 12/21/2024 by MarketBeat.com Staff
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