AAON, Inc., together with its subsidiaries, engages in engineering, manufacturing, marketing, and selling air conditioning and heating equipment in the United States and Canada. The company operates through three segments: AAON Oklahoma, AAON Coil Products, and BasX. It offers rooftop units, data center cooling solutions, cleanroom systems, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps, coils, and controls. The company markets and sells its products to retail, manufacturing, educational, lodging, supermarket, data centers, medical and pharmaceutical, and other commercial industries. It sells its products through a network of independent manufacturer representative organizations and internal sales force. The company was incorporated in 1987 and is based in Tulsa, Oklahoma.
AAON Dividend Announcement
• AAON announced a quarterly dividend of $0.08 per ordinary share which will be made payable on 2024-12-19. Ex dividend date: 2024-11-29
• AAON annual dividend for 2024 was $0.32
• AAON annual dividend for 2023 was $0.40
• AAON's trailing twelve-month (TTM) dividend yield is 0.24%
• AAON's payout ratio for the trailing twelve months (TTM) is 13.66%
• AAON's dividend growth over the last five years (2018-2023) was 4.56% year
• AAON's dividend growth over the last ten years (2013-2023) was 7.18% year
AAON Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-29 | $0.08 | quarterly | 2024-12-19 |
2024-09-06 | $0.08 | quarterly | 2024-09-27 |
2024-06-07 | $0.08 | quarterly | 2024-06-28 |
2024-03-15 | $0.08 | quarterly | 2024-03-29 |
2023-11-28 | $0.08 | quarterly | 2023-12-18 |
2023-09-07 | $0.08 | quarterly | 2023-09-29 |
2023-06-08 | $0.12 | quarterly | 2023-06-30 |
2023-03-10 | $0.12 | quarterly | 2023-03-31 |
2022-11-25 | $0.24 | quarterly | 2022-12-16 |
2022-06-02 | $0.19 | quarterly | 2022-07-01 |
2021-11-24 | $0.19 | quarterly | 2021-12-17 |
2021-06-02 | $0.19 | quarterly | 2021-07-01 |
2020-11-25 | $0.19 | quarterly | 2020-12-18 |
2020-06-02 | $0.19 | quarterly | 2020-07-01 |
2019-11-26 | $0.16 | quarterly | 2019-12-18 |
2019-05-31 | $0.16 | quarterly | 2019-07-01 |
2018-11-28 | $0.16 | quarterly | 2018-12-20 |
2018-06-07 | $0.16 | quarterly | 2018-07-06 |
2017-11-29 | $0.13 | quarterly | 2017-12-21 |
2017-06-07 | $0.13 | quarterly | 2017-07-07 |
2016-11-30 | $0.13 | quarterly | 2016-12-23 |
2016-06-08 | $0.11 | quarterly | 2016-07-01 |
2015-11-30 | $0.11 | quarterly | 2015-12-23 |
2015-06-10 | $0.11 | quarterly | 2015-07-01 |
2014-11-28 | $0.09 | quarterly | 2014-12-23 |
2014-06-10 | $0.13 | quarterly | 2014-07-01 |
2013-11-27 | $0.10 | quarterly | 2013-12-23 |
2013-06-11 | $0.10 | quarterly | 2013-07-02 |
AAON Dividend per year
AAON Dividend growth
AAON Dividend Yield
AAON current trailing twelve-month (TTM) dividend yield is 0.24%. Interested in purchasing AAON stock? Use our calculator to estimate your expected dividend yield:
AAON Financial Ratios
AAON Dividend FAQ
Other factors to consider when evaluating AAON as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: AAON's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, AAON publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, AAON distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from AAON are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: AAON sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, AAON distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: AAON declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of AAON's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review AAON's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.