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Applied Industrial Technologies (AIT) Approves $0.15 Per Share Dividend
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Applied Industrial Technologies (NYSE: AIT) announced that the Company's Board of Directors has declared a quarterly cash dividend of $0.15 per common share, payable on February 27, 2009, to shareholders of record on February 13, 2009.
(NOTE - current annual dividend yield is 3.4%)
Applied Industrial Technologies, Inc. (Applied) is a North American distributor of bearings, power transmission components, fluid power components and systems, industrial rubber products, linear components, tools, safety products, general maintenance products and a variety of mill supply products. [SM]
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