A. O. Smith Corporation
AOS33 yrs growthIndustrials · Stock · quarterly payer
Forward Yield
2.45%
Annual Dividend
$1.44
Payout Ratio
37%
5-Yr Growth
7.1%
Ex-Date
Jul 31, 2026
Frequency
Quarterly
Summary
As of July 2026, A. O. Smith Corporation (AOS) yields 2.45% ($1.44 per share annually), with a blended fair-value estimate of $71.00 — +21% upside, so it screens as undervalued. Dividend safety grade: A (95/100). 33 years of dividend growth.
Is AOS a good dividend stock?
YesA. O. Smith Corporation (AOS) pays a quarterly dividend yielding 2.45% ($1.44/yr), with 33 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 — 33 consecutive years of growth
- Never cut its dividend on record
- Comfortable payout ratio (37%)
- Strong 7.1% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 2.45%
- Payout Ratio
- 37%
- Annual Dividend
- $1.44
- 5-Yr Avg Growth
- 7.1%
- Ex-Dividend Date
- Jul 31, 2026
- Years of Growth
- 33
- Frequency
- quarterly
- Beta
- 1.15
- Market Cap
- $8.1B
- P/E Ratio
- 15.7
- 5-Yr Total Return
- -19%
- 52-Week Range
- $54.16 – $81.87
- Dividend Safety
- A · 95/100
- Ever Cut?
- No
Frequently Asked Questions
AOS Price — Last 12 Months
Daily close
Price Return
1 Year
-17%
3 Years
-19%
5 Years
-19%
52-Week Range
$54.16 – $81.87
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is AOS worth?
Undervaluedmedium confidenceOur blended fair-value estimate for A. O. Smith Corporation is $71.00 per share, versus a market price of $58.85. That implies 21% of upside — a margin of safety of about 17%.
Fair Value
$71.00
Current Price
$58.85
Upside
+21%
Margin of Safety
17%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 1.6% annual free-cash-flow growth. We model 10.1% — below our estimate, leaving room for upside if the business executes.
Assumptions: 10.1% discount rate (CAPM), 10.1% stage-1 growth, 2.5% terminal growth, $3.75 EPS, $1.44 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
AOS Dividend Safety Score
Very Safe
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
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Apr 30, 2026 | — | $0.3600 | regular |
| Jan 30, 2026 | — | $0.3600 | regular |
| Oct 31, 2025 | — | $0.3600 | regular |
| Jul 31, 2025 | — | $0.3400 | regular |
| Apr 30, 2025 | — | $0.3400 | regular |
| Jan 31, 2025 | — | $0.3400 | regular |
| Oct 31, 2024 | — | $0.3400 | regular |
| Jul 31, 2024 | — | $0.3200 | regular |
| Apr 29, 2024 | — | $0.3200 | regular |
| Jan 30, 2024 | — | $0.3200 | regular |
| Oct 30, 2023 | — | $0.3200 | regular |
| Jul 28, 2023 | — | $0.3000 | regular |
| Apr 27, 2023 | — | $0.3000 | regular |
| Jan 30, 2023 | — | $0.3000 | regular |
Income Calculator
At $1.44 / yr per share
