A. O. Smith Corporation (NYSE:AOS) Declares Dividend Increase – $0.38 Per Share

A. O. Smith Corporation (NYSE:AOS) announced a quarterly dividend on Monday, October 12th. Stockholders of record on Friday, October 30th will be given a dividend of $0.38 per share by the industrial products company on Monday, November 16th. This represents a $1.52 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Friday, October 30th. This is a 5.6% increase from A. O. Smith’s previous quarterly dividend of $0.36.

A. O. Smith has raised its dividend by an average of 0.1% per year over the last three years and has increased its dividend annually for the last 31 consecutive years. A. O. Smith has a dividend payout ratio of 34.4% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect A. O. Smith to earn $4.06 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 35.5%.

A. O. Smith Stock Performance

Shares of A. O. Smith stock opened at $56.57 on Tuesday. A. O. Smith has a 52 week low of $54.16 and a 52 week high of $81.86. The business’s fifty day simple moving average is $59.54 and its 200-day simple moving average is $60.42. The firm has a market cap of $7.69 billion, a PE ratio of 15.71, a price-to-earnings-growth ratio of 1.26 and a beta of 1.12. The company has a quick ratio of 1.04, a current ratio of 1.59 and a debt-to-equity ratio of 0.32.

A. O. Smith (NYSE:AOS) last announced its earnings results on Thursday, July 30th. The industrial products company reported $1.03 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.07. The company had revenue of $1 billion during the quarter, compared to analyst estimates of $994.89 million. A. O. Smith had a net margin of 13.15% and a return on equity of 27.88%. A. O. Smith’s revenue was down .7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.07 earnings per share. A. O. Smith has set its FY 2026 guidance at 3.700-3.850 EPS. Equities analysts forecast that A. O. Smith will post 3.74 earnings per share for the current year.

A. O. Smith Company Profile

A. O. Smith Corporation (NYSE:AOS) is a manufacturer of water heating and water treatment products for residential, commercial, and industrial applications. The company’s product portfolio includes electric and gas water heaters, boilers, storage tanks, heat pump water heaters, and related equipment and controls.

The company also provides water treatment solutions, including water softeners, filtration systems, and other products designed to improve water quality. Its products are marketed under the A.