A.O. Smith (AOS) Raises Quarterly Dividend 26.3% to $0.24; 1.5% Yield

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A. O. Smith Corporation announces 26 percent dividend increase

January 25, 2016 4:45 PM EST

MILWAUKEE, Jan. 25, 2016 /PRNewswire/ -- Directors of A. O. Smith Corporation (NYSE: AOS) today approved a 26 percent increase in the company's quarterly cash dividend to $.24 per share. 

The dividend increase will affect the company's Common Stock and Class A Common Stock and is payable on Feb. 16 to shareholders of record Feb. 5.  

Over the last five years, the company's quarterly dividend has grown at a compounded annual rate of 26 percent.  This is the 11th consecutive year the Milwaukee-based water technology... More