A.O. Smith As of November 12, 2021 ticker dps (an.) 2021 hike 2020 hike 2019 hike
AOS $1.12 7.7% 8.3% 9.1%
Business yield Hike yrs 5 yr CAGR freq. paid since
Boilers & Water Products 1.4% 28 18.5% Quarter 1940
A. O. Smith hikes dividend by 7.7%

Dividend Aristocrat A.O. Smith Corporation (AOS) will raise its quarterly dividend by 7.7 percent to 28 cents per share in 2021, marking 28 consecutive years of dividend increases. Last year AOS hiked its dividend by 8.3 percent to 26 cents per share.

The next A.O. Smith dividend will be payable on November 15, 2021 to shareholders of record October 29, 2021. A new annual rate of $1.12 per share yields 1.7% at a stock price of $65.61. The new annual dividend payment will jump to $178 million for AOS. The average 5 year dividend growth rate for AOS is 18.5 percent annually if we include this latest hike.

A. O. Smith Corporation is manufacturer of residential and commercial water heating equipment and boilers, as well as a manufacturer of water treatment products for residential and light commercial applications. In North America, A.O. Smith also manufactures expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, related products and parts. The company is headquartered in Milwaukee, WI, and has operations in the U.S., Canada, China, India, Mexico, the Netherlands, Turkey, the United Kingdom and Vietnam. A. O. Smith Corporation has paid cash dividends on its common stock every year since 1940.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Dec 06 CTXS 1.7% 5.7%
Dec 06 CI 1.8% 9900.0%
Dec 06 WRB 0.6% 8.3%
Dec 07 AEE 2.6% 6.8%
Dec 07 AME 0.6% 11.1%
Dec 08 KIM 2.9% 6.3%
Dec 08 NEM 3.7% 37.5%
Dec 09 BDX 1.4% 4.8%
Dec 09 ADP 1.8% 11.8%
Dec 09 NTRS 2.2% 0.0%