Trailing Dividend / Share
$0.39
AAON, Inc. (AAON) Dividend History
Income profile from 2006 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
0.3%
Payout Ratio
30.3%
Sustainable
Dividend Streak
1 years
AAON Dividend Income Check
Safety
30.3% payout ratio with sustainable safety profile.
Consistency
1 straight years of dividend increases.
Income Trend
Yield on cost is 0.9% and trend is rising.
AAON Dividend Scorecard
Yield & Income
Dividend Yield0.3%
Trailing DPS$0.39
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout30.3%
Earnings SafetySustainable
FCF PayoutN/A
FCF SafetyUnknown
Piotroski F-Score2/9
Growth
Growth Streak1 years
3Y CAGR11.7%
5Y CAGR9.6%
Yield on Cost (5Y)0.9%
YOC Trendrising
Total Returns
Buyback Yield0.3%
Total Shareholder Yield0.6%
1Y Total Return91.0%
5Y Total Return240.8%
Div Contribution (5Y)4.1%
Estimated $10K growth (return + dividends):
5Y ago$34,08210Y ago$79,77120Y ago$487,224
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
AAON Income Growth Story
Dividend per share and yield on cost over time (21 years of payments)
AAON Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Dividend Analysis
Payout Safety
AAON, Inc. distributes 30.3% of earnings as dividends (Sustainable).
Piotroski F-Score: 2/9 — weak financial health.
Growth Track Record
AAON has raised its dividend for 1 consecutive year, with a 3-year CAGR of 11.7% and 5-year CAGR of 9.6%.
Total Shareholder Returns
Beyond cash dividends, AAON returns capital through share repurchases. The combined picture: 0.3% dividend yield, 0.3% buyback yield, 0.6% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 0.9% and is currently rising. The 5-year total return is 240.8%, with dividends contributing 4.1% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $79,771 today.
AAON Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$2.03
Avg/Payment$0.1017
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 5, 2026Latest | $0.1000 | — | 30.16% | Jun 26, 2026 |
| Mar 18, 2026 | $0.1000 | — | 50.92% | Mar 30, 2026 |
| Nov 26, 2025 | $0.1000 | — | 42.92% | Dec 18, 2025 |
| Sep 5, 2025 | $0.1000 | — | 46.83% | Sep 26, 2025 |
| Jun 6, 2025 | $0.1000 | — | 37.24% | Jun 27, 2025 |
| Mar 18, 2025 | $0.1000 | ↑ +25.0% | 42.61% | Mar 28, 2025 |
| Nov 29, 2024 | $0.0800 | — | 23.47% | Dec 19, 2024 |
| Sep 6, 2024 | $0.0800 | — | 18.31% | Sep 27, 2024 |
AAON Dividend vs Peers
Comparable companies in the same industry
#8 yield in peer group
Div Yield
0.3%
#8 of 8
Safety
Sustainable
30.3% payout
Streak
1Y
9.6% 5Y CAGR
Total Shareholder
0.6%
#7 of 8
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| AAONAAON, Inc. | $11.2B | 0.3% | 30.3% | 1 | Sustainable |
 LIILennox International… | $18.5B | 0.9% | 22.0% | 19 | Sustainable |
2nd  CARRCarrier Global Corpo… | $60.0B | 1.3% | 51.7% | 0 | Sustainable |
 TTTrane Technologies p… | $107.0B | 0.8% | 28.7% | 15 | Sustainable |
 JCIJohnson Controls Int… | $88.4B | 1.0% | 29.7% | 5 | Sustainable |
3rd  NDSNNordson Corporation | $16.5B | 1.1% | 37.0% | 40 | Sustainable |
 GTLSChart Industries, In… | $10.0B | 0.3% | — | 1 | Unknown |
1st  HONHoneywell Internatio… | $145.1B | 2.0% | 62.9% | 8 | Watch |
AAON Annual Dividend History (1990–2026)
37 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.20 | — | 2 | — | — | — | 0.5% |
| 2025 | $0.40 | 25.0% | 4 | $1.29 | 31.0% | 3.23x | 0.9% |
| 2024 | $0.32 | 0.0% | 4 | $2.02 | 15.8% | 6.31x | 0.7% |
| 2023 | $0.32 | 11.6% | 4 | $2.13 | 15.0% | 6.66x | 0.7% |
| 2022 | $0.29 | 13.2% | 2 | $1.24 | 23.1% | 4.33x | 0.7% |
| 2021 | $0.25 | 0.0% | 2 | $0.73 | 34.7% | 2.88x | 0.6% |
| 2020 | $0.25 | 18.7% | 2 | $0.99 | 25.6% | 3.91x | 0.6% |
| 2019 | $0.21 | 0.0% | 2 | $0.68 | 31.4% | 3.19x | 0.5% |
| 2018 | $0.21 | 23.1% | 2 | $0.54 | 39.5% | 2.53x | 0.5% |
| 2017 | $0.17 | 8.3% | 2 | $0.69 | 25.1% | 3.98x | 0.4% |
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into AAON consensus models and risk factors.
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Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
20+ years return with dividends reinvested.
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DCA Calculator
See how regular investing compounds over time.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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AAON — Frequently Asked Questions
Quick answers to the most common questions about buying AAON stock.
How much dividend does AAON pay per share?
AAON, Inc. (AAON) pays a trailing 12-month dividend of $0.39 per share, with a current dividend yield of +0.3%. Payments are made Semi-Annual.
When is AAON's next ex-dividend date?
AAON's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. AAON typically pays dividends Semi-Annual.
Is AAON's dividend safe?
AAON's dividend safety is rated "Sustainable" based on an earnings payout ratio of +30.3% and FCF payout ratio of N/A. The 1-year growth streak provides moderate confidence.
How many years has AAON increased its dividend?
AAON has 1 consecutive years of dividend growth. The 5-year dividend CAGR is +9.6%.
How often does AAON pay dividends?
AAON, Inc. pays dividends Semi-Annual. The trailing 12-month total is $0.39 per share. Dividend data on this page covers 20+ years from 2006 to 2026.
How much would $10,000 invested in AAON grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in AAON five years ago would be worth approximately $34,082 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is AAON's yield on cost for long-term holders?
AAON's yield on cost — the current dividend divided by the original purchase price — is +0.9% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +0.3% market yield, thanks to consistent dividend growth.