Applied Industrial Technologies (AIT) Raises Quarterly Dividend 3.7% to $0.28; 3% Yield

Applied Industrial Technologies (NYSE: AIT) declared a quarterly dividend of $0.28 per share, or $1.12 annualized. This is a 3.7% increase from the prior dividend of $0.27.

The dividend will be payable on February 29, 2016, to stockholders of record on February 16, 2016, with an ex-dividend date of February 11, 2016.

The annual yield on the dividend is 3 percent.

For a dividend history and other dividend-related data on Applied Industrial Technologies (AIT) click here.

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