A. O. Smith Corporation (NYSE:AOS) Announces $0.36 Quarterly Dividend

A. O. Smith Corporation (NYSE:AOSGet Free Report) declared a quarterly dividend on Monday, July 13th. Investors of record on Friday, July 31st will be paid a dividend of 0.36 per share by the industrial products company on Monday, August 17th. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Friday, July 31st.

A. O. Smith has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 31 years. A. O. Smith has a dividend payout ratio of 34.4% indicating that its dividend is sufficiently covered by earnings. Research analysts expect A. O. Smith to earn $4.13 per share next year, which means the company should continue to be able to cover its $1.44 annual dividend with an expected future payout ratio of 34.9%.

A. O. Smith Stock Down 1.5%

Shares of AOS stock opened at $59.55 on Tuesday. The stock has a market cap of $8.21 billion, a P/E ratio of 15.84, a price-to-earnings-growth ratio of 1.34 and a beta of 1.16. A. O. Smith has a one year low of $54.16 and a one year high of $81.86. The stock has a fifty day moving average price of $58.84 and a 200 day moving average price of $66.14. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.56 and a quick ratio of 1.00.

A. O. Smith (NYSE:AOSGet Free Report) last posted its quarterly earnings results on Thursday, April 30th. The industrial products company reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.09). A. O. Smith had a return on equity of 28.42% and a net margin of 13.84%.The business had revenue of $945.60 million for the quarter, compared to analyst estimates of $974.06 million. During the same quarter in the prior year, the firm earned $0.95 EPS. The firm’s quarterly revenue was down 1.9% on a year-over-year basis. A. O. Smith has set its FY 2026 guidance at 3.600-3.900 EPS. Analysts predict that A. O. Smith will post 3.77 earnings per share for the current year.

A. O. Smith Company Profile

(Get Free Report)

A. O. Smith Corporation, based in Milwaukee, Wisconsin, is a leading manufacturer of water heating and water treatment products for residential and commercial applications. Since its founding in 1874, the company has built a reputation for producing reliable, energy-efficient water heaters, boilers and pressure vessels. Its product portfolio encompasses gas, electric, condensing and tankless water heaters, as well as specialty boilers designed to meet a variety of building and industrial needs.

The company operates through two primary segments: North America and Asia.

Further Reading

Dividend History for A. O. Smith (NYSE:AOS)

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