Applied Industrial Technologies Inc (AIT) currently pays a dividend to shareholders. As of the latest data, the stock offers a dividend yield of 0.69%, with an annual dividend of $1.84 per share.
Understanding dividend dates is crucial for dividend investors. The ex-dividend date is when a stock begins trading without the value of its next dividend payment. To receive the upcoming dividend, you must own shares before this date.
Important: Most U.S. companies pay dividends quarterly. Mark your calendar to ensure you don't miss the ex-dividend date if you want to receive the next payment.
AIT's dividend history reveals important patterns about the company's commitment to returning capital to shareholders. Consistent dividend growth often signals strong financial health.
of consecutive dividend payments
The payout ratio measures what percentage of earnings AIT distributes as dividends. A moderate payout ratio (30-60%) suggests the company can maintain and grow dividends while retaining earnings for growth.
Based on payout ratio, growth history, and financial health
AIT demonstrates strong dividend reliability with a 0.69% yield and a sustainable payout ratio of 17.5%.
Disclaimer: This analysis is for informational purposes only. Always conduct your own research and consult with a financial advisor before making investment decisions.
See how Applied Industrial Technologies Inc stacks up against similar companies
Explore dividend analysis for top stocks
Related: AIT Valuation, AIT Growth, AIT Financial Health
Compare: AIT vs AAPL, AIT vs MSFT, AIT vs GOOGL