A. O. Smith Corporation (NYSE:AOS) Declares Quarterly Dividend of $0.38

A. O. Smith Corporation (NYSE:AOS) declared a quarterly dividend on Monday, October 12th. Investors 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 dividend on an annualized basis 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 increased its dividend by an average of 0.1% annually over the last three years and has increased its dividend annually for the last 31 consecutive years. A. O. Smith has a payout ratio of 34.4% indicating that 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 Trading Up 0.3%

AOS opened at $56.57 on Tuesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.04 and a current ratio of 1.59. The stock’s 50 day moving average price is $59.54 and its 200-day moving average price is $60.42. A. O. Smith has a one year low of $54.16 and a one year high of $81.86. The stock has a market cap of $7.69 billion, a price-to-earnings ratio of 15.71, a P/E/G ratio of 1.26 and a beta of 1.12.

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