
A. O. Smith Corporation
AOS33 yrs growthIndustrials · Specialty Industrial Machinery · Stock · quarterly payer
Forward Yield
2.50%
Annual Dividend
$1.52
Payout Ratio
40%
5-Yr Growth
7.1%
Ex-Date
Oct 30, 2026
Frequency
Quarterly
Key facts about AOS's dividend
Data as of · Source: SmarterDividends data
- As of Oct 30, 2026, A. O. Smith Corporation (AOS) has a forward dividend yield of 2.50%, based on an annual dividend of $1.52 per share and a share price of $63.49.
- As of Oct 30, 2026, AOS's dividend safety grade from SmarterDividends is A (95 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, A. O. Smith Corporation (AOS) has raised its dividend for 33 consecutive years as of Oct 30, 2026, which makes it a Dividend Aristocrat by the 25-year definition.
- AOS has never cut its regular dividend in the payment history SmarterDividends has on record.
- AOS's next ex-dividend date is Oct 30, 2026, with payment on Nov 16, 2026. Shares must be owned before that date to receive the dividend.
- As of Oct 30, 2026, AOS pays out 40% of its trailing 12-month earnings as dividends (its payout ratio).
- AOS's dividend has grown at an average rate of 7.1% a year over the past five years.
- As of Oct 30, 2026, AOS's 2.50% yield is 42% above its five-year average yield of 1.76%.
- As of Oct 30, 2026, SmarterDividends' blended fair-value estimate for AOS is $70.82 per share, 12% above the $63.49 share price, so AOS screens as fairly valued.
- A. O. Smith Corporation (AOS) pays its dividend quarterly, 4 times a year.
- A. O. Smith Corporation (AOS) has raised its regular dividend 30 times and cut it 0 times across the 164 payments on record since 1986. Its most recent change was a 5.9% increase to $0.360 per share, going ex-dividend on Oct 31, 2025.
- A. O. Smith (AOS) has declared its first higher dividend of the year in October in 5 of the last 5 years; its most recent raise, 5.9%, was declared on Oct 13, 2025.
Cite this page
SmarterDividends, "AOS Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 30, 2026, https://smarterdividends.com/stocks/AOS
Summary
As of Oct 30, 2026, A. O. Smith Corporation (AOS) yields 2.50% ($1.52 a year per share), has a dividend safety grade of A (95/100) and has 33 consecutive years of dividend increases on record.
Is AOS a good dividend stock?
YesA. O. Smith Corporation (AOS) pays a quarterly dividend yielding 2.50% ($1.52/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 (40%)
- 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
- 2.50%
- Payout Ratio
- 40%
- Annual Dividend
- $1.52
- 5-Yr Avg Growth
- 7.1%
- Ex-Dividend Date
- Oct 30, 2026
- Years of Growth
- 33
- Frequency
- quarterly
- Beta
- 1.11
- Market Cap
- $8.6B
- P/E Ratio
- 17.7
- 5-Yr Total Return
- -22%
- 52-Week Range
- $54.16 – $81.87
- Dividend Safety
- A · 95/100
- Ever Cut?
- No
AOS dividend raises and cuts
A. O. Smith Corporation (AOS) has raised its regular dividend 30 times and cut it 0 times across the 164 payments on record since 1986. Its most recent change was a 5.9% increase to $0.360 per share, going ex-dividend on Oct 31, 2025.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Oct 31, 2025 | Raise | $0.340 → $0.360 | +5.9% |
| Oct 31, 2024 | Raise | $0.320 → $0.340 | +6.3% |
| Oct 30, 2023 | Raise | $0.300 → $0.320 | +6.7% |
| Oct 28, 2022 | Raise | $0.280 → $0.300 | +7.1% |
| Oct 28, 2021 | Raise | $0.260 → $0.280 | +7.7% |
| Oct 29, 2020 | Raise | $0.240 → $0.260 | +8.3% |
| Oct 30, 2019 | Raise | $0.220 → $0.240 | +9.1% |
| Oct 30, 2018 | Raise | $0.180 → $0.220 | +22.2% |
| Jan 30, 2018 | Raise | $0.140 → $0.180 | +28.6% |
| Jan 27, 2017 | Raise | $0.120 → $0.140 | +16.7% |
| Feb 3, 2016 | Raise | $0.0950 → $0.120 | +26.3% |
| Feb 4, 2015 | Raise | $0.0750 → $0.0950 | +26.7% |
Show all 30 changes since 1993
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Feb 5, 2014 | Raise | $0.0600 → $0.0750 | +25.0% |
| Apr 25, 2013 | Raise | $0.0500 → $0.0600 | +20.0% |
| Jul 27, 2012 | Raise | $0.0400 → $0.0500 | +25.0% |
| Jul 27, 2011 | Raise | $0.0350 → $0.0400 | +14.3% |
| Jul 28, 2010 | Raise | $0.0325 → $0.0350 | +7.7% |
| Jul 29, 2009 | Raise | $0.0317 → $0.0325 | +2.6% |
| Jul 29, 2008 | Raise | $0.0300 → $0.0317 | +5.6% |
| Jul 27, 2007 | Raise | $0.0283 → $0.0300 | +5.9% |
| Jul 27, 2006 | Raise | $0.0267 → $0.0283 | +6.2% |
| Jul 28, 2004 | Raise | $0.0250 → $0.0267 | +6.7% |
| Jul 29, 2003 | Raise | $0.0233 → $0.0250 | +7.1% |
| Jul 29, 2002 | Raise | $0.0217 → $0.0233 | +7.7% |
| Jul 27, 2000 | Raise | $0.0200 → $0.0217 | +8.3% |
| Jul 29, 1998 | Raise | $0.0189 → $0.0200 | +5.9% |
| Apr 26, 1996 | Raise | $0.0167 → $0.0189 | +13.3% |
| Apr 24, 1995 | Raise | $0.0144 → $0.0167 | +15.4% |
| Apr 25, 1994 | Raise | $0.0122 → $0.0144 | +18.2% |
| Jul 26, 1993 | Raise | $0.0111 → $0.0122 | +10.0% |
Frequently Asked Questions
Is AOS a good dividend stock?
Yes. A. O. Smith Corporation (AOS) pays a quarterly dividend yielding 2.50% ($1.52/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.
Is AOS undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, AOS's fair value is about $70.82 versus a $63.49 share price — so it looks fairly valued (+12% vs. fair value).
Is AOS's dividend safe?
AOS has a dividend-safety grade of A (95/100), based on its payout coverage, free-cash-flow, 33-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is AOS's fair value?
Our blended fair-value estimate for AOS is about $70.82 per share, roughly 12% above the current $63.49 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is AOS a buy, hold, or sell?
We don't issue formal ratings, but on the data AOS screens as "yes" and fairly valued. A. O. Smith Corporation (AOS) pays a quarterly dividend yielding 2.50% ($1.52/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. This is research for your own analysis, not investment advice.
Will AOS cut its dividend?
AOS earns a dividend-safety grade of A (95/100), 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 AOS pay a dividend?
Yes. A. O. Smith Corporation pays a quarterly dividend of about $1.52 per share annually, a forward yield of roughly 2.50%.
What is AOS's dividend yield?
As of Oct 30, 2026, AOS's forward dividend yield is 2.50%, based on a $1.52 annual dividend and a $63.49 share price.
What is AOS's dividend per share?
As of Oct 30, 2026, AOS pays $1.52 per share per year, distributed on a quarterly basis.
What is AOS's dividend payout ratio?
As of Oct 30, 2026, AOS's payout ratio is 40% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has AOS grown its dividend?
As of Oct 30, 2026, AOS has increased its dividend for 33 consecutive years.
When is the next AOS ex-dividend date?
As of Oct 30, 2026, the next ex-dividend date on record for AOS is Oct 30, 2026.
AOS Price — Last 12 Months
Daily close
Price Return
1 Year
-7%
3 Years
-18%
5 Years
-22%
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?
Fairly valuedmedium confidenceOur blended fair-value estimate for A. O. Smith Corporation is $70.82 per share, versus a market price of $63.49. That implies the stock is roughly fairly priced.
Fair Value
$70.82
Current Price
$63.49
Gap
+12%
Margin of Safety
10%
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 1.9% annual free-cash-flow growth. We model 8.5% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.8% discount rate (CAPM), 8.5% growth for five years fading to 2.5% over the next five, $3.59 EPS, $1.52 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
Full AOS dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 31, 2026 | Aug 17, 2026 | $0.3600 | regular |
| Apr 30, 2026 | May 15, 2026 | $0.3600 | regular |
| Jan 30, 2026 | Feb 17, 2026 | $0.3600 | regular |
| Oct 31, 2025 | Nov 17, 2025 | $0.3600 | regular |
| Jul 31, 2025 | Aug 15, 2025 | $0.3400 | regular |
| Apr 30, 2025 | May 15, 2025 | $0.3400 | regular |
| Jan 31, 2025 | Feb 18, 2025 | $0.3400 | regular |
| Oct 31, 2024 | Nov 15, 2024 | $0.3400 | regular |
| Jul 31, 2024 | Aug 15, 2024 | $0.3200 | regular |
| Apr 29, 2024 | May 15, 2024 | $0.3200 | regular |
| Jan 30, 2024 | Feb 15, 2024 | $0.3200 | regular |
| Oct 30, 2023 | Nov 15, 2023 | $0.3200 | regular |
| Jul 28, 2023 | Aug 15, 2023 | $0.3000 | regular |
| Apr 27, 2023 | May 15, 2023 | $0.3000 | regular |
Income Calculator
At $1.52 / yr per share
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