Applied Industrial Technologies Reports Fiscal 2017 First Quarter Results

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Applied Industrial Technologies (AIT) Declares $0.28 Quarterly Dividend; Approves 1.5M Share Buyback

October 26, 2016 8:06 AM EDT

Applied Industrial Technologies (NYSE: AIT) declared a quarterly dividend of $0.28 per share, or $1.12 annualized.

The dividend will be payable on November 30, 2016, to stockholders of record on November 15, 2016, with an ex-dividend date of November 10, 2016.

The annual yield on the dividend is 2.6... More

Applied Industrial Technologies (AIT) Tops Q1 EPS by 9c

October 26, 2016 8:05 AM EDT

Applied Industrial Technologies (NYSE: AIT) reported Q1 EPS of $0.70, $0.09 better than the analyst estimate of $0.61. Revenue for the quarter came in at $624.8 million versus the consensus estimate of $621 million.

Applied Industrial Technologies reaffirmed FY2016 guidance.

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

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