SmarterDividends
AIT

Applied Industrial Technologies, Inc.

AIT

Industrials · Industrial Distribution · Stock · quarterly payer

$302.43

Fairly valued · -6% Add to Portfolio

Forward Yield

0.68%

Annual Dividend

$2.04

Payout Ratio

18%

5-Yr Growth

7.5%

Ex-Date

Nov 13, 2026

Frequency

Quarterly

Key facts about AIT's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 30, 2026, Applied Industrial Technologies, Inc. (AIT) has a forward dividend yield of 0.68%, based on an annual dividend of $2.04 per share and a share price of $302.43.
  • As of Oct 30, 2026, AIT's dividend safety grade from SmarterDividends is A (99 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, Applied Industrial Technologies, Inc. (AIT) has raised its dividend for 16 consecutive years as of Oct 30, 2026.
  • AIT has never cut its regular dividend in the payment history SmarterDividends has on record.
  • AIT's next ex-dividend date is Nov 13, 2026, with payment on Nov 30, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 30, 2026, AIT pays out 18% of its trailing 12-month earnings as dividends (its payout ratio).
  • AIT's dividend has grown at an average rate of 7.5% a year over the past five years.
  • As of Oct 30, 2026, AIT's 0.68% yield is 33% below its five-year average yield of 1.02%.
  • As of Oct 30, 2026, SmarterDividends' blended fair-value estimate for AIT is $283.24 per share, 6% below the $302.43 share price, so AIT screens as fairly valued.
  • Applied Industrial Technologies, Inc. (AIT) pays its dividend quarterly, 4 times a year.
  • Applied Industrial Technologies, Inc. (AIT) has raised its regular dividend 28 times and cut it 0 times across the 156 payments on record since 1987. Its most recent change was a 10.9% increase to $0.510 per share, going ex-dividend on Feb 13, 2026.
  • Applied Industrial Technologies (AIT) has declared its first higher dividend of the year in January in 5 of the last 5 years; its most recent raise, 10.9%, was declared on Jan 27, 2026.
Cite this page

SmarterDividends, "AIT Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 30, 2026, https://smarterdividends.com/stocks/AIT

Summary

As of Oct 30, 2026, Applied Industrial Technologies, Inc. (AIT) yields 0.68% ($2.04 a year per share), has a dividend safety grade of A (99/100) and has 16 consecutive years of dividend increases on record.

Is AIT a good dividend stock?

Yes

Applied Industrial Technologies, Inc. (AIT) pays a quarterly dividend yielding 0.68% ($2.04/yr), with 16 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

  • 16 consecutive years of dividend growth
  • Never cut its dividend on record
  • Comfortable payout ratio (18%)
  • Strong 7.5% 5-yr dividend growth
  • 209% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
0.68%
Payout Ratio
18%
Annual Dividend
$2.04
5-Yr Avg Growth
7.5%
Ex-Dividend Date
Nov 13, 2026
Years of Growth
16
Frequency
quarterly
Beta
0.85
Market Cap
$11.0B
P/E Ratio
26.6
5-Yr Total Return
209%
52-Week Range
$238.72 – $374.80
Dividend Safety
A · 99/100
Ever Cut?
No

AIT dividend raises and cuts

Applied Industrial Technologies, Inc. (AIT) has raised its regular dividend 28 times and cut it 0 times across the 156 payments on record since 1987. Its most recent change was a 10.9% increase to $0.510 per share, going ex-dividend on Feb 13, 2026.

Ex-dateChangeOld → newMove
Feb 13, 2026Raise$0.460 → $0.510+10.9%
Feb 14, 2025Raise$0.370 → $0.460+24.3%
Feb 14, 2024Raise$0.350 → $0.370+5.7%
Feb 14, 2023Raise$0.340 → $0.350+2.9%
Feb 14, 2022Raise$0.330 → $0.340+3.0%
Feb 12, 2021Raise$0.320 → $0.330+3.1%
Feb 13, 2020Raise$0.310 → $0.320+3.2%
Feb 14, 2019Raise$0.300 → $0.310+3.3%
Feb 14, 2018Raise$0.290 → $0.300+3.4%
Feb 13, 2017Raise$0.280 → $0.290+3.6%
Feb 11, 2016Raise$0.270 → $0.280+3.7%
Feb 11, 2015Raise$0.250 → $0.270+8.0%
Show all 28 changes since 1988
Ex-dateChangeOld → newMove
Feb 12, 2014Raise$0.230 → $0.250+8.7%
Feb 13, 2013Raise$0.210 → $0.230+9.5%
Feb 13, 2012Raise$0.190 → $0.210+10.5%
May 12, 2011Raise$0.170 → $0.190+11.8%
Aug 12, 2010Raise$0.150 → $0.170+13.3%
Aug 13, 2007Raise$0.120 → $0.150+25.0%
May 11, 2006Raise$0.100 → $0.120+20.0%
Nov 10, 2005Raise$0.0800 → $0.100+25.0%
Feb 11, 2005Raise$0.0622 → $0.0800+28.6%
Aug 11, 2004Raise$0.0533 → $0.0622+16.7%
Nov 12, 1997Raise$0.0474 → $0.0533+12.5%
Nov 13, 1996Raise$0.0415 → $0.0474+14.3%
Nov 13, 1995Raise$0.0356 → $0.0415+16.7%
Nov 8, 1994Raise$0.0316 → $0.0356+12.5%
May 9, 1989Raise$0.0263 → $0.0316+20.0%
Feb 8, 1988Raise$0.0219 → $0.0263+20.0%
Every AIT payment →Download every raise and cut (CSV)
AIT ex-dividend date & scheduleNext ex-date Nov 13, 2026 · full ex-dividend historyView →AIT dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is AIT a good dividend stock?

Yes. Applied Industrial Technologies, Inc. (AIT) pays a quarterly dividend yielding 0.68% ($2.04/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is AIT undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, AIT's fair value is about $283.24 versus a $302.43 share price — so it looks fairly valued (-6% vs. fair value).

Is AIT's dividend safe?

AIT has a dividend-safety grade of A (99/100), based on its payout coverage, free-cash-flow, 16-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is AIT's fair value?

Our blended fair-value estimate for AIT is about $283.24 per share, about 6% below the current $302.43 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is AIT a buy, hold, or sell?

We don't issue formal ratings, but on the data AIT screens as "yes" and fairly valued. Applied Industrial Technologies, Inc. (AIT) pays a quarterly dividend yielding 0.68% ($2.04/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will AIT cut its dividend?

AIT earns a dividend-safety grade of A (99/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does AIT pay a dividend?

Yes. Applied Industrial Technologies, Inc. pays a quarterly dividend of about $2.04 per share annually, a forward yield of roughly 0.68%.

What is AIT's dividend yield?

As of Oct 30, 2026, AIT's forward dividend yield is 0.68%, based on a $2.04 annual dividend and a $302.43 share price.

What is AIT's dividend per share?

As of Oct 30, 2026, AIT pays $2.04 per share per year, distributed on a quarterly basis.

What is AIT's dividend payout ratio?

As of Oct 30, 2026, AIT's payout ratio is 18% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has AIT grown its dividend?

As of Oct 30, 2026, AIT has increased its dividend for 16 consecutive years.

When is the next AIT ex-dividend date?

As of Oct 30, 2026, the next ex-dividend date on record for AIT is Nov 13, 2026.

Income Calculator

At $2.04 / yr per share

Per payment (quarterly)$51.00
Annual$204.00
Monthly avg$17.00

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