Dividend Growth of Smith (A.O.) Corporation(AOS)

Smith (A.O.) Corporation(AOS) is having a Dividend Yield of 1.14% with the Annual cash Dividend per share of $0.48. The last quarter cash dividend per share pay out was $0.12. Smith (A.O.) Corporation has a 5 year average dividend yield of 1.18% and the stock has a Indicated annual dividend of $0.56. Smith (A.O.) Corporation(AOS) formally announced its most recent dividend on January 23, 2017 with a Dividend per share of $0.14. The new indicated annual dividend based on announced dividend per share is $0.56. The dividend yield based on the forward looking indicated annual dividend is 1.14%. Smith (A.O.) Corporation(AOS) has the most recent dividend payout ratio of 0.26 with a 5-year average payout ratio of 0.26. The 5 year historical dividend growth of Smith (A.O.) Corporation(AOS) is at the rate of 27.5% while the R-Squared dividend growth is 0.97. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Smith (A.O.) Corporation (NYSE:AOS) rose 0.69% or 0.34 points on Thursday and made its way into the gainers of the day. After trading began at $49.4 the stock was seen hitting $49.78 as a peak level and $49.13 as the lowest level. The stock ended up at $49.68. The daily volume was measured at 581,301 shares. The 52-week high of the share price is $51.49 and the 52-week low is $33.3275. The company has a market cap of $8,640 million. A. O. Smith Corporation has dropped 0.42% in the last five trading days, however, the shares have posted positive gains of 4.01% in the last 4 weeks. A. O. Smith Corporation is up 4.82% in the last 3-month period. Year-to-Date the stock performance stands at 5.22%.

Currently the company Insiders own 1.76% of Smith (A.O.) Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -23.55% . Institutional Investors own 42.47% of Smith (A.O.) Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -19.99%. Company has reported several Insider transactions to the SEC, on Feb 15, 2017, Paul W Jones (director) sold 24,645 shares at 49.23 per share price.On Feb 9, 2017, William P Greubel (director) sold 17,621 shares at 49.00 per share price.On Feb 9, 2017, Robert J Heideman (Senior VP Engineering & Tech.) sold 16,000 shares at 49.28 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Stifel on Feb 3, 2017 to Hold, Raises Price Target to $ 50 from a previous price target of $49 .

A. O. Smith Corp Last issued its quarterly earnings results on Feb 2, 2017. The company reported $0.47 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.46. The company had revenue of $698.10 million for the quarter, compared to analysts expectations of $709.33 million. The companys revenue was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.90 EPS.

A. O. Smith Corporation, with headquarters in Milwaukee, Wis., is a diversified manufacturer serving customers worldwide. The company is one of the worlds leading manufacturers and marketers of residential and commercial water heating equipment, offering a comprehensive line featuring the best- known brands in the industry. It is also one of North Americas largest manufacturers of electric motors, with an extensive line of hermetic, fractional horsepower, and integral horsepower motors for residential, commercial, and industrial applications. A. O. Smith employs people at facilities in the United States, Mexico, China, Canada, and Europe.


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