Applied Industrial Technologies, Inc.
AITIndustrials · Stock · quarterly payer
Forward Yield
0.64%
Annual Dividend
$2.04
Payout Ratio
18%
5-Yr Growth
7.5%
Ex-Date
May 15, 2026
Frequency
Quarterly
Summary
As of June 2026, Applied Industrial Technologies, Inc. (AIT) yields 0.64% ($2.04 per share annually), with a blended fair-value estimate of $230.56 — -28% downside, so it screens as overvalued. Dividend safety grade: A (99/100). 16 years of dividend growth.
Is AIT a good dividend stock?
YesApplied Industrial Technologies, Inc. (AIT) pays a quarterly dividend yielding 0.64% ($2.04/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 16 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (18%)
- Strong 7.5% 5-yr dividend growth
- 252% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 0.64%
- Payout Ratio
- 18%
- Annual Dividend
- $2.04
- 5-Yr Avg Growth
- 7.5%
- Ex-Dividend Date
- May 15, 2026
- Years of Growth
- 16
- Frequency
- quarterly
- Beta
- 0.85
- Market Cap
- $11.8B
- P/E Ratio
- 30.2
- 5-Yr Total Return
- 252%
- 52-Week Range
- $223.13 – $326.41
- Dividend Safety
- A · 99/100
- Ever Cut?
- No
Frequently Asked Questions
AIT Price — Last 12 Months
Daily close
Price Return
1 Year
+38%
3 Years
+121%
5 Years
+252%
52-Week Range
$223.13 – $326.41
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is AIT worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Applied Industrial Technologies, Inc. is $230.56 per share, versus a market price of $320.11. That implies 28% of downside.
Fair Value
$230.56
Current Price
$320.11
Downside
-28%
Margin of Safety
-39%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 17.9% annual free-cash-flow growth. We model 8.7% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.6% discount rate (CAPM), 8.7% stage-1 growth, 2.5% terminal growth, $10.60 EPS, $2.04 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
AIT Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.5100 | regular |
| Feb 13, 2026 | — | $0.5100 | regular |
| Nov 14, 2025 | — | $0.4600 | regular |
| Aug 15, 2025 | — | $0.4600 | regular |
| May 15, 2025 | — | $0.4600 | regular |
| Feb 14, 2025 | — | $0.4600 | regular |
| Nov 15, 2024 | — | $0.3700 | regular |
| Aug 15, 2024 | — | $0.3700 | regular |
| May 14, 2024 | — | $0.3700 | regular |
| Feb 14, 2024 | — | $0.3700 | regular |
| Nov 14, 2023 | — | $0.3500 | regular |
| Aug 14, 2023 | — | $0.3500 | regular |
| May 12, 2023 | — | $0.3500 | regular |
| Feb 14, 2023 | — | $0.3500 | regular |
Income Calculator
At $2.04 / yr per share
