Applied Industrial Technologies, Inc. ( AIT ) will begin trading ex-dividend on February 11, 2016. A cash dividend payment of $0.28 per share is scheduled to be paid on February 29, 2016. Shareholders who purchased AIT prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.7% increase over the prior quarter.
The previous trading day's last sale of AIT was $38.76, representing a -14.93% decrease from the 52 week high of $45.56 and a 9.03% increase over the 52 week low of $35.55.
AIT is a part of the Consumer Durables sector, which includes companies such as Edwards Lifesciences Corporation ( EW ) and Johnson Controls, Inc. ( JCI ). AIT's current earnings per share, an indicator of a company's profitability, is $2.73. Zacks Investment Research reports AIT's forecasted earnings growth in 2016 as -10.83%, compared to an industry average of -9.2%.
For more information on the declaration, record and payment dates, visit the AIT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
