A.O. Smith Corp announced a quarterly cash dividend of $0.36 per share, with the ex-dividend date set for July 31, 2026, and payment on August 17, 2026. The company has increased its dividend each year since 1985, earning it dividend aristocrat status for at least 41 consecutive years of growth. As of March 31, 2026, the dividend payout ratio stood at 0.37, indicating a conservative distribution policy, while GuruFocus ranks the company's profitability and growth both at 9 out of 10. The trailing twelve-month dividend yield is 2.39% and the forward yield is 2.41%, with a five-year dividend growth rate of 7.10% and a ten-year rate of 13.30%. A.O. Smith is the leading manufacturer of water heaters in North America, holding approximately 36% of the residential market and 52% of the commercial market, and derives about 80% of its sales from North America and 20% from the rest of the world, primarily China.
Smith AO CorporationDeclares quarterly dividend and maintains dividend aristocrat status with 41 years of growth.