A.O. Smith Corporation Increases Quarterly Dividend by 5.6%
A.O. Smith Corporation (NYSE:AOS) has announced a quarterly dividend of $0.38 per share, representing a 5.6% increase from the previous payout of $0.36. The new dividend will be payable on November 16 to shareholders who are registered as of October 30, with an ex-dividend date also set for October 30. The forward yield based on this increased dividend is now at 2.69%. This move reflects the company's confidence in its financial stability and ongoing commitment to returning value to shareholders through consistent dividend growth.
Tickers: $AOS
Topics: corporate_announcements dividends