AIT

Applied Industrial (AIT) to benefit from solid product and service offerings, synergistic gains from buyouts, focus on reducing costs, and shareholder-friendly policies.

Fortune Brands' (FBHS) buyout of LARSON will help it to expand its range of product offerings, particularly in the exterior doors category. It renames one of its operating segments.

In this article we will present the 15 largest distribution companies in the world. Click to skip ahead and see the 5 largest distribution companies in the world. The distribution industry is one of the most important and integral industries in the world, which is the basis for the global supply, without which basically no […]

Roper (ROP) to reward shareholders with a 10% hike in the quarterly dividend rate. This reflects its strong cash position.

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Applied Industrial (NYSE: AIT) declared a dividend payable on November 30, 2020 to its shareholders as of October 28, 2020. It was also announced that shareholders of Applied Industrial's stock as of November 16, 2020 are entitled to the dividend. The stock is expected to become ex-dividend 1 business day(s) before the record date. The ex-dividend date for Applied Industrial will be on November 13, 2020. The company's current dividend payout is at $0.32. That equates to a dividend yield of 2.13% at current price levels.What Are Ex-Dividend Dates? Ex-dividend dates are when company shares stop trading with their current dividend payouts in preparation for those companies to announce new ones. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis.Applied Industrial's Dividend Payouts And Yields Over the past year, Applied Industrial has experienced an overall upward trend regarding its dividend payouts and yields. Last year on November 14, 2019 the company's payout was $0.3, which has since grown by $0.02. Similarly, Applied Industrial's dividend yield in last year was 2.09%, which has since grown by 0.04%. Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.To read more news on Applied Industrial click here.See more from Benzinga * Click here for options trades from Benzinga * Stocks That Hit 52-Week Highs On Monday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Applied Industrial Technologies, Inc. (NYSE:AIT), might not be a large cap stock, but it saw a double-digit share...