A. O. Smith Corp (NYSE:AOS) had declared a cash dividend of $0.2400 on Apr 11, 2016. The shares will quote ex-dividend on Apr 27, 2016 and the record date has been fixed on Apr 29, 2016. At Apr 11, 2016 share price, the yield comes out to be 1.2562%. The dividend payable date has been fixed on May 16, 2016.
In a different note, Northland Securities said it Initiates Coverage on A. O. Smith Corp, according to a research note issued on Mar 8, 2016. The shares have been rated ‘Buy’ by the firm.
A. O. Smith Corp (AOS) made into the market gainers list on Fridays trading session with the shares advancing 1.20% or 0.94 points. Due to strong positive momentum, the stock ended at $79.23, which is also near the day’s high of $79.26. The stock began the session at $78.35 and the volume stood at 5,91,623 shares. The 52-week high of the shares is $81.15 and the 52 week low is $50.09. The company has a current market capitalization of $6,956 M and it has 8,77,99,408 shares in outstanding.
A. O. Smith Corp(AOS) last announced its earnings results on Jan 29, 2016 for Fiscal Year 2015 and Q4.Company reported revenue of $639.40M. Analysts had an estimated revenue of $673.64M. Earnings per share were $0.90. Analysts had estimated an EPS of $0.84.
Several Insider Transactions has been reported to the SEC. On Feb 22, 2016, William P Greubel (director) sold 8,709 shares at $69.25 per share price.Also, On Feb 16, 2016, Wei Ding (Pres.AOSCIC; Manager AOSCWHC) sold 576 shares at $65.80 per share price.On Feb 16, 2016, Wilfridus M Brouwer (President – AOSHBSRL) sold 1,303 shares at $65.75 per share price, according to the Form-4 filing with the securities and exchange commission.
A. O. Smith Corporation operates its business through two segments which include North America and Rest of World. Both segments manufacture and market a range of residential gas gas tankless and electric water heaters and commercial water heating equipment. The North America segment manufactures and markets specialty commercial water heating equipment condensing and non-condensing boilers and water systems tanks. The Company serves residential and commercial end markets in North America with a range of products including water heaters boilers and others. The Rest of World segment manufactures and markets water treatment products primarily in Asia. The Rest of World segment includes China Europe and India. The Company supplies water heaters to the residential market in China with a range of product offering including electric gas gas tankless heat pump and solar units as well as combi boilers.