Applied Industrial Technologies (AIT) Reports In-Line Q2 EPS

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

January 28, 2016 6:34 AM EST

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,... More