AAON, Inc. (AAON) Declares $0.08 Quarterly Dividend; Approves $25M Buyback Increase

AAON, Inc. (NASDAQ: AAON) declared a quarterly dividend of $0.08 per share, or $0.32 annualized.

The dividend will be payable on March 29, 2024, to stockholders of record on March 18, 2024, with an ex-dividend date of March 15, 2024.

The annual yield on the dividend is 0.4 percent.

The Company also announced that its Board of Directors has approved a $25 million increase in its current share repurchase authorization, bringing the Company's total current share repurchase authority to $50 million. Repurchases will be made in accordance with a pre-arranged stock repurchase plan adopted by the Company pursuant to the guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. The actual timing, number and value of shares repurchased will depend on market conditions, share price, trading volume, and other factors.

For a dividend history and other dividend-related data on AAON, Inc. (AAON) click here.

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