A. O. Smith announces 17 percent dividend increase


Milwaukee, Wis.— Directors of A. O. Smith Corporation (NYSE:AOS) today approved a 17 percent increase in the company’s quarterly cash dividend to $.14 per share.  The dividend increase affects the company’s Common Stock and Class A Common Stock.

The dividend is payable on Feb. 15 to shareholders of record Jan. 31.  

“The company’s strong balance sheet and cash-generating ability give us the confidence to increase our dividend,” Ajita Rajendra, chairman and chief executive officer, said. “This is the 12th consecutive year A. O. Smith has increased its quarterly cash dividend.”