AIT Applied Industrial Technologies dividend history, payout ratio & dates
Applied Industrial Technologies's most recent dividend of $0.37 per share was on Aug 15, 2024 (ex-date). At an annualized rate of $1.11 per share, the stock yields 0.48%.
Key dates
- AIT last dividend date: Aug 15, 2024
AIT dividend stats
vs. Industrials sector
Dividend yield
Applied Industrial Technologies's dividend yield of 0.48% is lower than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 1.4%, Applied Industrial Technologies's dividend yield is 66% lower. Historically AIT's dividend yield has averaged at 1.3% in the last 5 years, which is more than the current one.
Dividend history
Applied Industrial Technologies has a history of paying dividends since 1995. Our records of AIT show that the company has issued three dividends in the last twelve months. The annualized DPS has decreased by 20% for the last year. And since the stock price has gone up by 49% from a year ago, the dividend yield has decreased by 47%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 15, 2024 | $0.37 | 0.55% |
| May 14, 2024 | $0.37 | 0.56% |
| Feb 14, 2024 | $0.37 | 0.57% |
| Aug 14, 2023 | $0.35 | 0.9% |
| May 12, 2023 | $0.35 | 1.07% |
| Feb 14, 2023 | $0.35 | 0.96% |
| Nov 14, 2022 | $0.34 | 1.08% |
| Aug 12, 2022 | $0.34 | 1.19% |
| May 13, 2022 | $0.34 | 1.26% |
| Feb 14, 2022 | $0.34 | 1.39% |
| Nov 12, 2021 | $0.33 | 1.25% |
| Aug 13, 2021 | $0.33 | 1.45% |
| May 13, 2021 | $0.33 | 1.27% |
| Feb 12, 2021 | $0.33 | 1.62% |
| Nov 13, 2020 | $0.32 | 1.8% |
| Aug 13, 2020 | $0.32 | 1.98% |
| May 14, 2020 | $0.32 | 2.5% |
| Feb 13, 2020 | $0.32 | 1.78% |
| Nov 14, 2019 | $0.31 | 2% |
| Aug 14, 2019 | $0.31 | 2.33% |
| May 14, 2019 | $0.31 | 2.23% |
| Feb 14, 2019 | $0.31 | 2.09% |
| Nov 14, 2018 | $0.3 | 1.83% |
| Aug 14, 2018 | $0.3 | 1.55% |
| May 14, 2018 | $0.3 | 1.71% |
| Feb 14, 2018 | $0.3 | 1.66% |
| Nov 14, 2017 | $0.29 | 1.92% |
| Aug 11, 2017 | $0.29 | 2.07% |
| May 11, 2017 | $0.29 | 1.83% |
| Feb 13, 2017 | $0.29 | 1.82% |
| Nov 10, 2016 | $0.28 | 2.08% |
| Aug 11, 2016 | $0.28 | 2.3% |
| May 12, 2016 | $0.28 | 2.51% |
| Feb 11, 2016 | $0.28 | 2.78% |
| Nov 12, 2015 | $0.27 | 2.67% |
| Aug 12, 2015 | $0.27 | 2.69% |
| May 13, 2015 | $0.27 | 2.45% |
| Feb 11, 2015 | $0.27 | 2.42% |
Applied Industrial Technologies dividend payout ratio
Payout ratio
Applied Industrial Technologies's payout ratio of 11.1% is below the Industrials sector, the industry and its peers average. In comparison with its Industrials sector average of 30.9%, Applied Industrial Technologies's payout ratio is 64% lower.
Total amount of dividends paid per financial year (from cash flow)
AIT dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MSM Msc Industrial Direct Co Inc | 4.08% | $3.32 | 64.1% |
| GPC Genuine Parts Co | 3.45% | $3.95 | 45.5% |
| FAST Fastenal Co | 2.48% | $1.9 | 94.5% |
| HEES H&E Equipment Services Inc | 2.07% | $1.1 | 24.6% |
| WCC Wesco International Inc | 0.91% | $1.61 | 12.3% |
| GWW Ww Grainger Inc | 0.71% | $7.82 | 21.4% |
| AIT Applied Industrial Technologies Inc | 0.49% | $1.11 | 11.1% |
| CW Curtiss Wright Corp | 0.23% | $0.82 | 8% |
Frequently asked questions
Does Applied Industrial Technologies pay a dividend?
Yes, Applied Industrial Technologies has paid three dividends in the last 12 months. AIT has been paying dividends since 1995.
When was AIT's last dividend?
Applied Industrial Technologies's last dividend ex-date was on Aug 15, 2024. The dividend amount was $0.37 per share.
How much dividend does Applied Industrial Technologies pay (per share)?
On an annual basis AIT pays $1.11 per share.
What is Applied Industrial Technologies's dividend yield?
Currently Applied Industrial Technologies's dividend yield is 0.48%.
What is Applied Industrial Technologies's dividend payout ratio?
Applied Industrial Technologies's dividend payout ratio is 11.1%.
Does Applied Industrial Technologies pay a good dividend?
Applied Industrial Technologies's dividend yield is less than the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.