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Applied Industrial Technologies (Applied Industrial Technologies) Dividend Yield %

: 0.77% (As of Today)
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As of today (2024-04-20), the Trailing Annual Dividend Yield of Applied Industrial Technologies is 0.77%.

Warning Sign:

Applied Industrial Technologies Inc stock dividend yield is close to 10-year low.

The historical rank and industry rank for Applied Industrial Technologies's Dividend Yield % or its related term are showing as below:

AIT' s Dividend Yield % Range Over the Past 10 Years
Min: 0.71   Med: 1.84   Max: 3.52
Current: 0.77

During the past 13 years, the highest Dividend Yield of Applied Industrial Technologies was 3.52%. The lowest was 0.71%. And the median was 1.84%.

AIT's Dividend Yield % is ranked worse than
95% of 100 companies
in the Industrial Distribution industry
Industry Median: 2.65 vs AIT: 0.77

Applied Industrial Technologies's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.16.

During the past 13 years, the highest Dividend Payout Ratio of Applied Industrial Technologies was 0.63. The lowest was 0.15. And the median was 0.33.

As of today (2024-04-20), the Forward Dividend Yield % of Applied Industrial Technologies is 0.81%.

Applied Industrial Technologies's Dividends per Share for the three months ended in Dec. 2023 was $0.35.

During the past 12 months, Applied Industrial Technologies's average Dividends Per Share Growth Rate was 2.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Applied Industrial Technologies was 31.10% per year. The lowest was 1.00% per year. And the median was 8.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Applied Industrial Technologies Dividend Yield % Historical Data

The historical data trend for Applied Industrial Technologies's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Applied Industrial Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.98 2.02 1.43 1.39 0.95

Applied Industrial Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.07 0.96 0.95 0.90 0.81

Competitive Comparison

For the Industrial Distribution subindustry, Applied Industrial Technologies's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Applied Industrial Technologies Dividend Yield % Distribution

For the Industrial Distribution industry and Industrials sector, Applied Industrial Technologies's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Applied Industrial Technologies's Dividend Yield % falls into.



Applied Industrial Technologies Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Applied Industrial Technologies Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3702024-02-142024-02-152024-02-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.3502023-11-142023-11-152023-11-30Cash DividendquarterlyUSD:USD 1.000000
USD 0.3502023-08-142023-08-152023-08-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.3502023-05-122023-05-152023-05-31Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Applied Industrial Technologies's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.42/183.45
=0.77 %

Current Share Price is $183.45.
Applied Industrial Technologies's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.42.

Applied Industrial Technologies's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.48/183.45
=0.81 %

Current Share Price is $183.45.
Applied Industrial Technologies's Dividends per Share for the forward twelve months is calculated as $0.37 * 4 = $1.48.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Applied Industrial Technologies  (NYSE:AIT) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Applied Industrial Technologies Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Applied Industrial Technologies's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Applied Industrial Technologies (Applied Industrial Technologies) Business Description

Traded in Other Exchanges
Address
1 Applied Plaza, Cleveland, OH, USA, 44115
Applied Industrial Technologies Inc is a distributor of industrial products to the maintenance, repair, and operations market and the original equipment manufacturing industry. Further, the company provides engineering and design services for industrial and fluid power applications. The products include bearings, power transmission components, fluid power components and systems, industrial rubber products, linear motion components, safety products, oilfield supplies, and other industrial and maintenance supplies. Fluid products include hydraulic, pneumatic, lubrication, and filtration systems and components. Applied Industrial Technologies operates primarily in North America, Australia, and New Zealand.
Executives
Neil A Schrimsher director, officer: President and CEO ONE APPLIED PLAZA, CLEVELAND OH 44115
Peter C Wallace director C/O ROBBINS & MYERS, INC., 51 PLUM STREET, SUITE 260, DAYTON OH 45440
Hoffner Warren E Iii officer: VP-General Mgr, Fluid Power ONE APPLIED PLAZA, CLEVELAND OH 44115
Kurt W. Loring officer: VP-Chief HR Officer ONE APPLIED PLAZA, CLEVELAND OH 44115
Mary Dean Hall director 4920 O'HEAR AVENUE, SUITE 400, NORTH CHARLESTON SC 29405
Jon S Ploetz officer: VP-General Counsel & Secretary ONE APPLIED PLAZA, CLEVELAND OH 44115
Fred D Bauer officer: VP-General Counsel & Secretary ONE APPLIED PLZ, CLEVELAND OH 44115-5056
Vincent K Petrella director
Shelly Marie Chadwick director 6070 PARKLAND BLVD, MAYFIELD HTS. OH 44124
Christopher Macey other: Corporate Controller 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Peter A Dorsman director
Jason W Vasquez officer: VP-Sales & Marketing-USSC ONE APPLIED PLAZA, CLEVELAND OH 44115
Jerry Sue Thornton director C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAIN VIEW BLVD, BASKING RIDGE NJ 07920
Madhuri A Andrews director 2525 STEMMONS FRWY, DALLAS TX 75207
Green Edith Kelly director 3131 DEMOCRAT ROAD BLDG B206, MEMPHIS TN 38118