Applied Industrial Technologies Inc Stock Dividends
AIT pays dividends quarterly. Last paid amount was $0.370 at Feb 29, 2024. As of today, dividend yield (TTM) is 0.92%.
Dividend Yield Range
AI Analysis of AIT
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 0.92% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 5.71% |
| Payout Ratio | 0 |
| Amount Per Share | $0.370 |
| Next Ex-Dividend Date | May 14, 2024 |
| Next Payment Date | May 31, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from AIT the purchase should be done within the next 7 days.
Here's a simple guide on how to buy AIT stock.
AIT Dividend Payout History
To ensure a understanding of AIT's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 25, 2024 | May 14, 2024 | May 31, 2024 | $0.370 | 0.199% |
| 2 | Feb 14, 2024 | Feb 14, 2024 | Feb 29, 2024 | $0.370 | 0.195% |
| 3 | Nov 14, 2023 | Nov 14, 2023 | Nov 30, 2023 | $0.350 | 0.219% |
| 4 | Jun 23, 2023 | Aug 14, 2023 | Aug 31, 2023 | $0.350 | 0.227% |
| 5 | Apr 27, 2023 | May 12, 2023 | May 31, 2023 | $0.350 | 0.285% |
| 6 | Jan 26, 2023 | Feb 14, 2023 | Feb 28, 2023 | $0.350 | 0.245% |
| 7 | Oct 27, 2022 | Nov 14, 2022 | Nov 30, 2022 | $0.340 | 0.257% |
| 8 | Jun 23, 2022 | Aug 12, 2022 | Aug 31, 2022 | $0.340 | 0.321% |
| 9 | Apr 28, 2022 | May 13, 2022 | May 31, 2022 | $0.340 | 0.329% |
| 10 | Jan 27, 2022 | Feb 14, 2022 | Feb 28, 2022 | $0.340 | 0.336% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
Sustainability score
Growth potential
AIT Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from AIT dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in AIT stock here.
Comparing AIT to Sector and Country
AIT pays a solid dividend yield of 0.92%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.518%). AIT’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (7.17%), which means that there are more attractive dividend stocks to consider.
