Applied Industrial Technologies (AIT) Dividend History & Yield
Dividend ContenderApplied Industrial Technologies (AIT) has increased its dividend for 17 consecutive years and currently yields 0.63%. The most recent dividend was $0.5100/share on Feb 27, 2026, paid Quarterly.
Current Yield
0.63%
TTM Dividend/Share
$1.94
Payment Frequency
Quarterly
Payout Ratio
18.3%
Consecutive Growth Years
17 (Dividend Contender)
Div Growth (1Y CAGR)
24.32%
Div Growth (5Y CAGR)
7.53%
Div Growth (10Y CAGR)
5.47%
AIT: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
8.2%
FCF payout ratio
4.4%
Net debt / EBITDA
0.3x
Interest coverage
42.30x
ROIC (TTM)
17.3%
Dividend Safety Score
8 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 18.3%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($12.15) covers dividend/share ($1.94).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
17 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 4.4%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 0.3x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (7.5%) ≤ EPS growth (12.3%) — sustainable.
Per-payment dividend history
Ex-date May 15, 2026
- Payment date
- May 29, 2026
- Dividend
- $0.5100
- Adj. dividend
- $0.5100
Ex-date Feb 13, 2026
- Payment date
- Feb 27, 2026
- Dividend
- $0.5100
- Adj. dividend
- $0.5100
Ex-date Nov 14, 2025
- Payment date
- Nov 28, 2025
- Dividend
- $0.4600
- Adj. dividend
- $0.4600
Ex-date Aug 15, 2025
- Payment date
- Aug 29, 2025
- Dividend
- $0.4600
- Adj. dividend
- $0.4600
Ex-date May 15, 2025
- Payment date
- May 30, 2025
- Dividend
- $0.4600
- Adj. dividend
- $0.4600
Ex-date Feb 14, 2025
- Payment date
- Feb 28, 2025
- Dividend
- $0.4600
- Adj. dividend
- $0.4600
Ex-date Nov 15, 2024
- Payment date
- Nov 29, 2024
- Dividend
- $0.3700
- Adj. dividend
- $0.3700
Ex-date Aug 15, 2024
- Payment date
- Aug 30, 2024
- Dividend
- $0.3700
- Adj. dividend
- $0.3700
Ex-date May 14, 2024
- Payment date
- May 31, 2024
- Dividend
- $0.3700
- Adj. dividend
- $0.3700
Ex-date Feb 14, 2024
- Payment date
- Feb 29, 2024
- Dividend
- $0.3700
- Adj. dividend
- $0.3700
Ex-date Nov 14, 2023
- Payment date
- Nov 30, 2023
- Dividend
- $0.3500
- Adj. dividend
- $0.3500
Ex-date Aug 14, 2023
- Payment date
- Aug 31, 2023
- Dividend
- $0.3500
- Adj. dividend
- $0.3500
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| May 15, 2026 | May 29, 2026 | $0.5100 | $0.5100 |
| Feb 13, 2026 | Feb 27, 2026 | $0.5100 | $0.5100 |
| Nov 14, 2025 | Nov 28, 2025 | $0.4600 | $0.4600 |
| Aug 15, 2025 | Aug 29, 2025 | $0.4600 | $0.4600 |
| May 15, 2025 | May 30, 2025 | $0.4600 | $0.4600 |
| Feb 14, 2025 | Feb 28, 2025 | $0.4600 | $0.4600 |
| Nov 15, 2024 | Nov 29, 2024 | $0.3700 | $0.3700 |
| Aug 15, 2024 | Aug 30, 2024 | $0.3700 | $0.3700 |
| May 14, 2024 | May 31, 2024 | $0.3700 | $0.3700 |
| Feb 14, 2024 | Feb 29, 2024 | $0.3700 | $0.3700 |
| Nov 14, 2023 | Nov 30, 2023 | $0.3500 | $0.3500 |
| Aug 14, 2023 | Aug 31, 2023 | $0.3500 | $0.3500 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Applied Industrial Technologies has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 17 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $1.8400 | — | — |
| 2025 | $1.4800 | $1.8400 | +24.3% |
| 2024 | $1.4000 | $1.4800 | +5.7% |
| 2023 | $1.3600 | $1.4000 | +2.9% |
| 2022 | $1.3200 | $1.3600 | +3.0% |
| 2021 | $1.2800 | $1.3200 | +3.1% |
| 2020 | $1.2400 | $1.2800 | +3.2% |
| 2019 | $1.2000 | $1.2400 | +3.3% |
| 2018 | $1.1600 | $1.2000 | +3.4% |
| 2017 | $1.1200 | $1.1600 | +3.6% |
| 2016 | $1.0800 | $1.1200 | +3.7% |
| 2015 | $1.0000 | $1.0800 | +8.0% |
| 2014 | $0.9200 | $1.0000 | +8.7% |
| 2013 | $0.8400 | $0.9200 | +9.5% |
| 2012 | $0.7400 | $0.8400 | +13.5% |
| 2011 | $0.6385 | $0.7400 | +15.9% |
| 2010 | $0.5970 | $0.6385 | +7.0% |
| 2009 | $0.5970 | $0.5970 | 0.0% |
| 2008 | $0.5373 | $0.5970 | +11.1% |
| 2007 | $0.4577 | $0.5373 | +17.4% |
| 2006 | $0.3383 | $0.4577 | +35.3% |
| 2005 | $0.2311 | $0.3383 | +46.4% |
| 2004 | $0.2133 | $0.2311 | +8.3% |
| 2003 | $0.2133 | $0.2133 | 0.0% |
| 2002 | $0.2133 | $0.2133 | 0.0% |
| 2001 | $0.2133 | $0.2133 | 0.0% |
| 2000 | $0.2133 | $0.2133 | 0.0% |
| 1999 | $0.2133 | $0.2133 | 0.0% |
| 1998 | $0.1956 | $0.2133 | +9.1% |
| 1997 | $0.1719 | $0.1956 | +13.8% |
| 1996 | $0.1481 | $0.1719 | +16.0% |
| 1995 | $0.1304 | $0.1481 | +13.6% |
| 1994 | $0.1264 | $0.1304 | +3.1% |
| 1993 | $0.1264 | $0.1264 | 0.0% |
| 1992 | $0.1264 | $0.1264 | 0.0% |
| 1991 | $0.1264 | $0.1264 | 0.0% |
| 1990 | $0.1212 | $0.1264 | +4.3% |
| 1989 | $0.1067 | $0.1212 | +13.6% |
| 1988 | $0.3561 | $0.1067 | -70.0% |
| 1987 | $0.4455 | $0.3561 | -20.1% |
| 1986 | $0.4455 | $0.4455 | 0.0% |
| 1985 | — | $0.4455 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Applied Industrial Technologies (AIT) from the consolidated cash flow statement, in USD as filed.
Latest period
$71.27M
YoY change
+14.0%
5Y CAGR
+5.4%
Peak year (2025)
$63.70M
Latest annual
$63.70M
Cash dividends paid over time for Applied Industrial Technologies (AIT)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Applied Industrial Technologies (AIT)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $63.70M | +14.0% | +$7.82M | ||
| 2024 | $55.88M | +4.6% | +$2.43M | ||
| 2023 | $53.45M | +3.2% | +$1.64M | ||
| 2022 | $51.80M | +2.3% | +$1.14M | ||
| 2021 | $50.66M | +3.7% | +$1.79M | ||
| 2020 | $48.87M | +3.4% | +$1.61M | ||
| 2019 | $47.27M | +3.1% | +$1.41M | ||
| 2018 | $45.86M | +2.8% | +$1.24M | ||
| 2017 | $44.62M | +3.0% | +$1.29M | ||
| 2016 | $43.33M | +1.6% | +$667,000 | ||
| 2015 | $42.66M | +5.6% | +$2.25M | ||
| 2014 | $40.41M | +8.6% | +$3.22M | ||
| 2013 | $37.19M | +10.0% | +$3.39M | ||
| 2012 | $33.80M | +13.6% | +$4.05M | ||
| 2011 | $29.75M | +17.1% | +$4.33M | ||
| 2010 | $25.42M | +0.1% | +$38,000 | ||
| 2009 | $25.38M | -1.4% | -$350,000 | ||
| 2008 | $25.73M | +22.7% | +$4.76M | ||
| 2007 | $20.97M | +16.7% | +$3.00M | ||
| 2006 | $17.97M | +41.1% | +$5.23M | ||
| 2005 | $12.74M | +37.4% | +$3.47M | ||
| 2004 | $9.27M | +1.3% | +$119,000 | ||
| 2003 | $9.15M | -1.3% | -$116,000 | ||
| 2002 | $9.27M | -2.7% | -$262,000 | ||
| 2001 | $9.53M | -4.0% | -$397,000 | ||
| 2000 | $9.93M | -4.5% | -$471,000 | ||
| 1999 | $10.40M | +1.0% | +$100,000 | ||
| 1998 | $10.30M | +33.8% | +$2.60M | ||
| 1997 | $7.70M | +18.5% | +$1.20M | ||
| 1996 | $6.50M | +20.4% | +$1.10M | ||
| 1995 | $5.40M | +14.9% | +$700,000 | ||
| 1994 | $4.70M | +2.2% | +$100,000 | ||
| 1993 | $4.60M | +2.2% | +$100,000 | ||
| 1992 | $4.50M | 0.0% | $0 | ||
| 1991 | $4.50M | -2.2% | -$100,000 | ||
| 1990 | $4.60M | +9.5% | +$400,000 | ||
| 1989 | $4.20M | — | — |
Applied Industrial Technologies (AIT) most recent annual dividends paid stands at $63.70M (2025) – grew 14.0% year-over-year.
Applied Industrial Technologies dividends paid compound annual growth for the 2020–2025 (5 years) window is +5.4%, sustaining 16 straight years of year-over-year growth.
The highest annual dividends paid of $63.70M was reported in 2025. The lowest in the available history was $4.20M in 1989.
Applied Industrial Technologies (AIT) sits 8th of 8 Industrials peers we track on this metric, against a peer median of $2.23B.
Applied Industrial Technologies Dividends Paid 2025: $63.70M
Applied Industrial Technologies dividends paid in 2025 was $63.70M, grew 14.0% from 2024. This figure represents the highest annual value in the available history.
Applied Industrial Technologies Dividends Paid 2024: $55.88M
Applied Industrial Technologies dividends paid in 2024 was $55.88M, edged up 4.6% from 2023.
Applied Industrial Technologies Dividends Paid 2023: $53.45M
Applied Industrial Technologies dividends paid in 2023 was $53.45M, edged up 3.2% from 2022.
Applied Industrial Technologies Dividends Paid 2022: $51.80M
Applied Industrial Technologies dividends paid in 2022 was $51.80M, edged up 2.3% from 2021.
Applied Industrial Technologies Dividends Paid 2021: $50.66M
Applied Industrial Technologies dividends paid in 2021 was $50.66M.
See more financial history for Applied Industrial Technologies (AIT).
Sector peers by dividends paid
Companies in the same sector as Applied Industrial Technologies, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| RTX (RTX) | $3.57B | Industrials |
| Union Pacific (UNP) | $3.24B | Industrials |
| Honeywell International (HON) | $2.98B | Industrials |
| Caterpillar (CAT) | $2.75B | Industrials |
| Deere & Company (DE) | $1.72B | Industrials |
| Eaton Corporation (ETN) | $1.63B | Industrials |
| GE Aerospace (GE) | $1.45B | Industrials |
| Boeing (BA) | $0 | Industrials |
Frequently asked questions
Does Applied Industrial Technologies pay dividends?
Yes, Applied Industrial Technologies (AIT) pays quarterly dividends of approximately $1.94 per share annually, yielding 0.63%.
What is Applied Industrial Technologies's dividend yield?
Applied Industrial Technologies (AIT) has a current dividend yield of 0.63%.
Is Applied Industrial Technologies's dividend safe?
Applied Industrial Technologies (AIT) passes 8 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Applied Industrial Technologies increased its dividend?
Applied Industrial Technologies (AIT) has 17 consecutive years of dividend increases.
What is Applied Industrial Technologies's dividend payout ratio?
Applied Industrial Technologies (AIT) has a dividend payout ratio of 18.3%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is Applied Industrial Technologies's dividends paid?
Latest reported dividends paid for Applied Industrial Technologies (AIT) is $71.27M (period ending March 31, 2026).
How has Applied Industrial Technologies dividends paid changed year-over-year?
Applied Industrial Technologies (AIT) dividends paid changed +14.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Applied Industrial Technologies dividends paid?
Applied Industrial Technologies (AIT) dividends paid compound annual growth rate is +5.4% over the most recent 5 years available.
When did Applied Industrial Technologies dividends paid hit its highest annual value?
Applied Industrial Technologies dividends paid reached its highest annual value of $63.70M in 2025.
What was Applied Industrial Technologies dividends paid in 2024?
Applied Industrial Technologies (AIT) dividends paid in 2024 was $55.88M.
What was Applied Industrial Technologies dividends paid in 2025?
Applied Industrial Technologies (AIT) dividends paid in 2025 was $63.70M.
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