SmarterDividends
AAON

AAON, Inc.

AAON

Industrials · Stock · quarterly payer

Forward Yield

0.28%

Annual Dividend

$0.40

Payout Ratio

28%

5-Yr Growth

-4.6%

Ex-Date

Jun 5, 2026

Frequency

Quarterly

AAON Dividend Safety Score

63/ 100
Grade C

Borderline

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage28% of earnings paid out
Balance-sheet strengthDebt/equity of 0.47
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is AAON a good dividend stock?

Yes, with caveats

AAON, Inc. (AAON) pays a quarterly dividend yielding 0.28% ($0.40/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (28%)
  • 234% total price return over 5 years

Risks

  • Cut its dividend in 2023
  • Dividend has been shrinking, not growing

Key Data

Dividend Yield
0.28%
Payout Ratio
28%
Annual Dividend
$0.40
5-Yr Avg Growth
-4.6%
Ex-Dividend Date
Jun 5, 2026
Years of Growth
2
Frequency
quarterly
Beta
1.40
Market Cap
$11.8B
P/E Ratio
101.2
5-Yr Total Return
234%
52-Week Range
$62.00 – $150.46
Dividend Safety
C · 63/100
Ever Cut?
Yes (2023)
AAON ex-dividend date & scheduleNext ex-date Jun 5, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.40 / yr per share

Per payment (quarterly)$10.00
Annual$40.00
Monthly avg$3.33