Applied Industrial Technologies (AIT) Misses Q1 EPS by 1c; Adds 1.5M Common to Buyback
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Applied Industrial Technologies (AIT) Declares $0.25 Quarterly Dividend; 2.1% Yield
October 29, 2014 6:36 AM EDTApplied Industrial Technologies (NYSE: AIT) declared a quarterly dividend of $0.25 per share, or $1 annualized.
The dividend will be payable on November 28, 2014, to stockholders of record on November 14, 2014, with an ex-dividend date of November 12, 2014.
The annual yield on the dividend is 2.1... More
Applied Industrial Technologies (AIT) Board Elects Peter C. Wallace as Chairman
October 29, 2014 6:34 AM EDTThe Board of Directors of Applied Industrial Technologies (NYSE: AIT) has elected Peter C. Wallace as its independent Chairman. He succeeds John F. Meier, who has served as Chairman since 2011 and who will continue to serve as a member of the Board.
Mr. Wallace, age 60, has served on the Applied® Board since 2005. He is Chief Executive Officer of Gardner Denver, Inc., a privately owned global manufacturer of engineered compressors, pumps, blowers, and fluid management solutions for critical applications in industrial, energy,... More
