Applied Industrial Technologies's most recent quarterly dividend of $0.35 per share was on May 12, 2023 (ex-date). At an annualized rate of $1.38 per share, the stock yields 1.11%.
Applied Industrial Technologies's dividend yield of 1.11% is lower than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 1.55%, Applied Industrial Technologies's dividend yield is 28% lower. Historically AIT's dividend yield has averaged at 1.6% in the last 5 years, which is more than the current one.
Applied Industrial Technologies has a history of paying dividends since 1995. Our records of AIT show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has an increase of 3% for the last year. However since the stock price has gone up by 20% from a year ago, the dividend yield has decreased by 14%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
May 12, 2023 | May 31, 2023 | Apr 27, 2023 | $0.35 | normal |
Feb 14, 2023 | Feb 28, 2023 | Jan 26, 2023 | $0.35 | normal |
Nov 14, 2022 | Nov 30, 2022 | Oct 27, 2022 | $0.34 | normal |
Aug 12, 2022 | Aug 31, 2022 | Jun 23, 2022 | $0.34 | normal |
May 13, 2022 | May 31, 2022 | Apr 28, 2022 | $0.34 | normal |
Feb 14, 2022 | Feb 28, 2022 | Jan 27, 2022 | $0.34 | normal |
Nov 12, 2021 | Nov 30, 2021 | Oct 27, 2021 | $0.33 | normal |
Aug 13, 2021 | Aug 31, 2021 | Jun 25, 2021 | $0.33 | normal |
May 13, 2021 | May 28, 2021 | Apr 29, 2021 | $0.33 | normal |
Feb 12, 2021 | Feb 26, 2021 | Jan 28, 2021 | $0.33 | normal |
Nov 13, 2020 | Nov 30, 2020 | Oct 28, 2020 | $0.32 | normal |
Aug 13, 2020 | Aug 31, 2020 | Jun 26, 2020 | $0.32 | normal |
May 14, 2020 | May 29, 2020 | Apr 30, 2020 | $0.32 | normal |
Feb 13, 2020 | Feb 28, 2020 | Jan 21, 2020 | $0.32 | normal |
Nov 14, 2019 | Nov 29, 2019 | Oct 30, 2019 | $0.31 | normal |
Aug 14, 2019 | Aug 30, 2019 | Jun 20, 2019 | $0.31 | normal |
May 14, 2019 | May 31, 2019 | Apr 26, 2019 | $0.31 | normal |
Feb 14, 2019 | Feb 28, 2019 | Jan 24, 2019 | $0.31 | normal |
Nov 14, 2018 | Nov 30, 2018 | Oct 31, 2018 | $0.3 | normal |
Aug 14, 2018 | Aug 31, 2018 | Jun 21, 2018 | $0.3 | normal |
May 14, 2018 | May 31, 2018 | Apr 26, 2018 | $0.3 | normal |
Feb 14, 2018 | Feb 28, 2018 | Jan 25, 2018 | $0.3 | normal |
Nov 14, 2017 | Nov 30, 2017 | Oct 25, 2017 | $0.29 | normal |
Aug 11, 2017 | Aug 31, 2017 | Jun 22, 2017 | $0.29 | normal |
May 11, 2017 | May 31, 2017 | Apr 27, 2017 | $0.29 | normal |
Feb 13, 2017 | Feb 28, 2017 | Jan 26, 2017 | $0.29 | normal |
Nov 10, 2016 | Nov 30, 2016 | Oct 26, 2016 | $0.28 | normal |
Aug 11, 2016 | Aug 31, 2016 | Jun 23, 2016 | $0.28 | normal |
May 12, 2016 | May 31, 2016 | Apr 28, 2016 | $0.28 | normal |
Feb 11, 2016 | Feb 29, 2016 | Jan 28, 2016 | $0.28 | normal |
Applied Industrial Technologies's payout ratio of 15.9% is below the Industrials sector, the industry and its peers average. In comparison with its Industrials sector average of 27.9%, Applied Industrial Technologies's payout ratio is 43% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
KAMN KAMAN Corp | 3.52% | $0.8 | N/A |
MSM Msc Industrial Direct Co Inc | 3.34% | $3.12 | 47.9% |
HEES H&E Equipment Services Inc | 2.78% | $1.1 | 28% |
GPC Genuine Parts Co | 2.41% | $3.69 | 42% |
FAST Fastenal Co | 2.38% | $1.32 | 67.7% |
AIT Applied Industrial Technologies Inc | 1.04% | $1.38 | 15.9% |
GWW Ww Grainger Inc | 1.04% | $7.02 | 21.4% |
CW Curtiss Wright Corp | 0.45% | $0.76 | 9.4% |
Yes, Applied Industrial Technologies has paid four dividends in the last 12 months. AIT has been paying dividends since 1995.
Currently AIT's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in August 2023.
Applied Industrial Technologies's last dividend ex-date was on May 12, 2023. The dividend amount was $0.35 per share.
On an annual basis AIT pays $1.38 per share.
Currently Applied Industrial Technologies's dividend yield is 1.11%.
Applied Industrial Technologies pays dividends quarterly.
Applied Industrial Technologies's dividend payout ratio is 15.9%.
Applied Industrial Technologies's dividend yield is less than the Industrials sector average.