Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. It operates through two segments, Service Center Based Distribution, and Fluid Power & Flow Control. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, automation solutions, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, filtration supplies, as well as other related supplies for general operational needs of customers' machinery and equipment. It also operates fabricated rubber shops and service field crews that install, modify, and repair conveyor belts and rubber linings, as well as offer hose assemblies. In addition, the company provides equipment repair and technical support services. It distributes industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, life sciences, mining, oil and gas, primary metals, technology, transportation, and utilities, as well as government entities. The company was formerly known as Bearings, Inc. and changed its to name to Applied Industrial Technologies, Inc. in 1997. The company was founded in 1923 and is headquartered in Cleveland, Ohio.
Applied Industrial Technologies Dividend Announcement
• Applied Industrial Technologies announced a quarterly dividend of $0.37 per ordinary share which will be made payable on 2024-11-29. Ex dividend date: 2024-11-15
• Applied Industrial Technologies annual dividend for 2024 was $1.48
• Applied Industrial Technologies annual dividend for 2023 was $1.40
• Applied Industrial Technologies's trailing twelve-month (TTM) dividend yield is 0.63%
• Applied Industrial Technologies's payout ratio for the trailing twelve months (TTM) is 14.73%
• Applied Industrial Technologies's dividend growth over the last five years (2018-2023) was 3.13% year
• Applied Industrial Technologies's dividend growth over the last ten years (2013-2023) was 4.29% year
Applied Industrial Technologies Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-15 | $0.37 | quarterly | 2024-11-29 |
| 2024-08-15 | $0.37 | quarterly | 2024-08-30 |
| 2024-05-14 | $0.37 | quarterly | |
| 2024-02-14 | $0.37 | quarterly | 2024-02-29 |
| 2023-11-14 | $0.35 | quarterly | 2023-11-30 |
| 2023-08-14 | $0.35 | quarterly | 2023-08-31 |
| 2023-05-12 | $0.35 | quarterly | 2023-05-31 |
| 2023-02-14 | $0.35 | quarterly | 2023-02-28 |
| 2022-11-14 | $0.34 | quarterly | 2022-11-30 |
| 2022-08-12 | $0.34 | quarterly | 2022-08-31 |
| 2022-05-13 | $0.34 | quarterly | 2022-05-31 |
| 2022-02-14 | $0.34 | quarterly | 2022-02-28 |
| 2021-11-12 | $0.33 | quarterly | 2021-11-30 |
| 2021-08-13 | $0.33 | quarterly | 2021-08-31 |
| 2021-05-13 | $0.33 | quarterly | 2021-05-28 |
| 2021-02-12 | $0.33 | quarterly | 2021-02-26 |
| 2020-11-13 | $0.32 | quarterly | 2020-11-30 |
| 2020-08-13 | $0.32 | quarterly | 2020-08-31 |
| 2020-05-14 | $0.32 | quarterly | 2020-05-29 |
| 2020-02-13 | $0.32 | quarterly | 2020-02-28 |
| 2019-11-14 | $0.31 | quarterly | 2019-11-29 |
| 2019-08-14 | $0.31 | quarterly | 2019-08-30 |
| 2019-05-14 | $0.31 | quarterly | 2019-05-31 |
| 2019-02-14 | $0.31 | quarterly | 2019-02-28 |
| 2018-11-14 | $0.30 | quarterly | 2018-11-30 |
| 2018-08-14 | $0.30 | quarterly | 2018-08-31 |
| 2018-05-14 | $0.30 | quarterly | 2018-05-31 |
| 2018-02-14 | $0.30 | quarterly | 2018-02-28 |
| 2017-11-14 | $0.29 | quarterly | 2017-11-30 |
| 2017-08-11 | $0.29 | quarterly | 2017-08-31 |
| 2017-05-11 | $0.29 | quarterly | 2017-05-31 |
| 2017-02-13 | $0.29 | quarterly | 2017-02-28 |
| 2016-11-10 | $0.28 | quarterly | 2016-11-30 |
| 2016-08-11 | $0.28 | quarterly | 2016-08-31 |
| 2016-05-12 | $0.28 | quarterly | 2016-05-31 |
| 2016-02-11 | $0.28 | quarterly | 2016-02-29 |
| 2015-11-12 | $0.27 | quarterly | 2015-11-30 |
| 2015-08-12 | $0.27 | quarterly | 2015-08-31 |
| 2015-05-13 | $0.27 | quarterly | 2015-05-29 |
| 2015-02-11 | $0.27 | quarterly | 2015-02-27 |
| 2014-11-12 | $0.25 | quarterly | 2014-11-28 |
| 2014-08-13 | $0.25 | quarterly | 2014-08-29 |
| 2014-05-13 | $0.25 | quarterly | 2014-05-30 |
| 2014-02-12 | $0.25 | quarterly | 2014-02-28 |
| 2013-11-13 | $0.23 | quarterly | 2013-11-29 |
| 2013-08-13 | $0.23 | quarterly | 2013-08-30 |
| 2013-05-13 | $0.23 | quarterly | 2013-05-31 |
| 2013-02-13 | $0.23 | quarterly | 2013-02-28 |
Applied Industrial Technologies Dividend per year
Applied Industrial Technologies Dividend growth
Applied Industrial Technologies Dividend Yield
Applied Industrial Technologies current trailing twelve-month (TTM) dividend yield is 0.63%. Interested in purchasing Applied Industrial Technologies stock? Use our calculator to estimate your expected dividend yield:
Applied Industrial Technologies Financial Ratios
P/E ratio23.26
PEG ratio-10.70
P/B ratio5.10
ROE22.86%
Payout ratio14.73%
Current ratio3.78
Quick ratio2.74
Cash Ratio1.13
Applied Industrial Technologies Dividend FAQ
How much is the next Applied Industrial Technologies dividend?
Applied Industrial Technologies's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Applied Industrial Technologies dividend. The next Applied Industrial Technologies dividend will be released in February, May, August, or November.
When is Applied Industrial Technologies dividend paid?
Applied Industrial Technologies pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Applied Industrial Technologies pay?
The specific amount of Applied Industrial Technologies dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Applied Industrial Technologies's dividend history.
Does Applied Industrial Technologies stock pay dividends?
Yes, Applied Industrial Technologies does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Applied Industrial Technologies's dividend history.
How much dividend does Applied Industrial Technologies pay?
Applied Industrial Technologies paid $1.48 in 2024, $1.4 in 2023, $1.36 in 2022, $1.32 in 2021, and $1.28 in 2020.
How often does Applied Industrial Technologies pay dividends?
Applied Industrial Technologies typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Applied Industrial Technologies's dividend yield?
The current dividend yield for Applied Industrial Technologies is 0.63%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Applied Industrial Technologies's exact dividend yield.
When does Applied Industrial Technologies go ex dividend?
Applied Industrial Technologies's ex-dividend date for the latest dividend was on 2024-11-15. Applied Industrial Technologies typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Applied Industrial Technologies dividend paid?
Applied Industrial Technologies pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Applied Industrial Technologies increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Applied Industrial Technologies will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Applied Industrial Technologies dividend per share?
Applied Industrial Technologies paid $1.48 per share in 2024 and $1.4 per share in 2023. The amount of dividend per share that Applied Industrial Technologies pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Applied Industrial Technologies a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Applied Industrial Technologies a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Applied Industrial Technologies a dividend stock?
Yes, Applied Industrial Technologies is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Applied Industrial Technologies a good dividend stock?
Whether Applied Industrial Technologies is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Applied Industrial Technologies has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Applied Industrial Technologies 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.
Other factors to consider when evaluating Applied Industrial Technologies 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.
Does Applied Industrial Technologies pay dividends monthly?
Applied Industrial Technologies typically pays dividends on a quarterly basis.
Does Applied Industrial Technologies pay dividends quarterly?
Applied Industrial Technologies currently pays dividends on a quarterly basis.
Has Applied Industrial Technologies ever paid a dividend?
Yes, Applied Industrial Technologies has a history of paying dividends to its shareholders. Applied Industrial Technologies is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Applied Industrial Technologies dividend stocks?
To buy Applied Industrial Technologies you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Applied Industrial Technologies stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Applied Industrial Technologies stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Applied Industrial Technologies pay dividends 2024?
Applied Industrial Technologies pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-29. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Applied Industrial Technologies increase its dividend in 2024?
Decisions regarding Applied Industrial Technologies dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Applied Industrial Technologies dividend overview you can look into the above table of dividend history.
How Applied Industrial Technologies dividend works?
The Applied Industrial Technologies dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Applied Industrial Technologies's dividend process works:
1. Determination of Dividend: Applied Industrial Technologies'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, Applied Industrial Technologies 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, Applied Industrial Technologies 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 Applied Industrial Technologies 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. Determination of Dividend: Applied Industrial Technologies'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, Applied Industrial Technologies 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, Applied Industrial Technologies 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 Applied Industrial Technologies 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.
How are Applied Industrial Technologies dividends paid?
Applied Industrial Technologies dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Applied Industrial Technologies 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, Applied Industrial Technologies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Applied Industrial Technologies 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.
1. Record Date: Applied Industrial Technologies 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, Applied Industrial Technologies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Applied Industrial Technologies 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.
How many times does Applied Industrial Technologies pay dividends?
Applied Industrial Technologies typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Applied Industrial Technologies pay dividends?
The general pattern is that Applied Industrial Technologies pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Applied Industrial Technologies dividend safe?
The safety of Applied Industrial Technologies's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Applied Industrial Technologies'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 Applied Industrial Technologies'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.
To assess the safety of Applied Industrial Technologies'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 Applied Industrial Technologies'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.