A.O. Smith As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
AOS $1.28 6.7% 7.1% 7.7%
Business yield Hike yrs 5 yr CAGR freq. paid since
Boilers & Water Products 1.8% 30 16.5% Quarter 1940

A. O. Smith Corporation (AOS) will raise its quarterly dividend by 5.6 percent to $0.19 per share in 2008. Last year the industrial company hiked its quarterly dividend by one cent to $0.18 per share.

A. O. Smith Corporation is manufacturer of residential and commercial water heating equipment, as well as a manufacturer of water treatment and air purification products.  The company serves residential and commercial end markets in North America with a range of products, which include water heaters, boilers and other. It supplies water heaters to the residential market in China with a broad product offering, including electric, gas, gas tankless, heat pump and solar units, as well as combi boilers.