A. O. Smith Corporation (NYSE:AOS – Get 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 yield of 2.4%. The ex-dividend date is Friday, July 31st.
A. O. Smith has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 31 consecutive years. A. O. Smith has a dividend payout ratio of 34.4% indicating that its dividend is sufficiently covered by earnings. Equities 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 NYSE AOS opened at $59.55 on Tuesday. The company has a 50 day simple moving average of $58.84 and a 200 day simple moving average 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 has a 1 year low of $54.16 and a 1 year high of $81.86. The firm has a market cap of $8.21 billion, a PE ratio of 15.84, a price-to-earnings-growth ratio of 1.34 and a beta of 1.16.
About A. O. Smith
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.
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