Applied Industrial Technologies (AIT) Tops Q2 EPS by 8c, Beats on Revenues; Boosts FY18 EPS Guidance Above Consensus

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Applied Industrial Technologies (AIT) Raises Quarterly Dividend 3.4% to $0.30; 1.7% Yield

January 25, 2018 6:42 AM EST

Applied Industrial Technologies (NYSE: AIT) declared a quarterly dividend of $0.30 per share, or $1.2 annualized. This is a 3.4% increase from the prior dividend of $0.29.

The dividend will be payable on February 28, 2018, to stockholders of record on February 15, 2018, with an ex-dividend date of February 14,... More