AAON, Inc. (AAON) Raises Semi-Annual Dividend 23.1% to $0.16; Announces $15M Share Repurchase Plan

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AAON Announces 23% Increase in Cash DividendĀ andĀ Stock Buyback Program

May 18, 2018 7:00 AM EDT

TULSA, Okla., May 18, 2018 (GLOBE NEWSWIRE) -- AAON, Inc. (NASDAQ: AAON), today announced that its Board of Directors has declared a $0.03 increase in the Companys regular semi-annual cash dividend, to $0.16 per share or $0.32 annually (a 23% increase from the previous $0.13 per share or $0.26 annually).  The next cash dividend will be payable on July 6, 2018, to stockholders of record as of the close of business on June 8, 2018.

The Board of Directors also authorized the Company to make up to $15.0 million in purchases of shares of the Companys common stock in... More