Applied Industrial Technologies Raises Dividend by 10.9%

The industrial products distributor will pay a quarterly dividend of $0.51 per share, up from $0.46 previously.

Jan. 27, 2026 at 5:07pm

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Applied Industrial Technologies, Inc. (NYSE:AIT), a leading distributor of industrial products and services, announced a 10.9% increase in its quarterly dividend. Investors of record on February 13th will receive $0.51 per share on February 27th, up from the previous $0.46 per share. This marks the 16th consecutive year the company has raised its dividend.

Why it matters

The dividend increase reflects Applied Industrial Technologies' strong financial performance and confidence in the company's future. As a major industrial distributor, the company's dividend policy is closely watched by investors seeking stable income from the industrial sector.

The details

Applied Industrial Technologies has grown through a combination of organic expansion and strategic acquisitions since its founding in 1923. The company offers a wide range of industrial products and services, including bearings, power transmission components, fluid power products, industrial rubber products, and automation solutions. The dividend increase to $0.51 per share represents an annualized yield of 0.8% based on the company's current stock price.

  • The ex-dividend date is Friday, February 13, 2026.
  • The dividend will be paid on Friday, February 27, 2026.

The players

Applied Industrial Technologies, Inc.

A leading distributor of industrial products and services, listed on the New York Stock Exchange under the ticker symbol AIT. The company was founded in 1923 and is headquartered in Cleveland, Ohio.

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What’s next

The company's next quarterly dividend payment is scheduled for February 27, 2026, to shareholders of record as of February 13, 2026.

The takeaway

Applied Industrial Technologies' dividend increase demonstrates the company's financial strength and commitment to rewarding shareholders, even as it continues to grow through strategic initiatives in the industrial distribution market.