Applied Industrial Technologies, Inc.
AIT38 yrs growthIndustrials · Stock · quarterly payer
$313.67
Add to PortfolioForward Yield
0.65%
Annual Dividend
$2.04
Payout Ratio
18%
5-Yr Growth
7.5%
Ex-Date
May 15, 2026
Frequency
Quarterly
AIT Dividend Safety Score
99/ 100
Grade A
Very Safe
Dividend-growth streak37 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage18% of earnings paid out
Free-cash-flow coverage23% of free cash flow
Balance-sheet strengthDebt/equity of 0.20
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 AIT a good dividend stock?
YesApplied Industrial Technologies, Inc. (AIT) pays a quarterly dividend yielding 0.65% ($2.04/yr), with 38 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 38 consecutive years of growth
- Never cut its dividend on record
- Comfortable payout ratio (18%)
- Strong 7.5% 5-yr dividend growth
- 246% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 0.65%
- Payout Ratio
- 18%
- Annual Dividend
- $2.04
- 5-Yr Avg Growth
- 7.5%
- Ex-Dividend Date
- May 15, 2026
- Years of Growth
- 38
- Frequency
- quarterly
- Beta
- 0.85
- Market Cap
- $11.6B
- P/E Ratio
- 29.7
- 5-Yr Total Return
- 246%
- 52-Week Range
- $223.13 – $317.10
- Dividend Safety
- A · 99/100
- Ever Cut?
- No
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.5100 | regular |
| Feb 13, 2026 | — | $0.5100 | regular |
| Nov 14, 2025 | — | $0.4600 | regular |
| Aug 15, 2025 | — | $0.4600 | regular |
| May 15, 2025 | — | $0.4600 | regular |
| Feb 14, 2025 | — | $0.4600 | regular |
| Nov 15, 2024 | — | $0.3700 | regular |
| Aug 15, 2024 | — | $0.3700 | regular |
| May 14, 2024 | — | $0.3700 | regular |
| Feb 14, 2024 | — | $0.3700 | regular |
| Nov 14, 2023 | — | $0.3500 | regular |
| Aug 14, 2023 | — | $0.3500 | regular |
| May 12, 2023 | — | $0.3500 | regular |
| Feb 14, 2023 | — | $0.3500 | regular |
Income Calculator
At $2.04 / yr per share
Per payment (quarterly)$51.00
Annual$204.00
Monthly avg$17.00
