Trailing Dividend / Share
$1.40
A. O. Smith Corporation (AOS) Dividend History
Income profile from 1985 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.3%
Payout Ratio
35.8%
Sustainable
Dividend Streak
14 years
AOS Dividend Income Check
Safety
35.8% payout ratio with sustainable safety profile.
Consistency
14 straight years of dividend increases.
Income Trend
Yield on cost is 2.6% and trend is rising.
AOS Dividend Scorecard
Yield & Income
Dividend Yield2.3%
Trailing DPS$1.40
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout35.8%
Earnings SafetySustainable
FCF Payout30.2%
FCF SafetyWell Covered
Piotroski F-Score8/9
Growth
Growth Streak14 years
3Y CAGR6.6%
5Y CAGR7.1%
Yield on Cost (5Y)2.6%
YOC Trendrising
Total Returns
Buyback Yield4.6%
Total Shareholder Yield6.9%
1Y Total Return-5.2%
5Y Total Return-1.9%
Div Contribution (5Y)9.3%
Estimated $10K growth (return + dividends):
5Y ago$9,80910Y ago$16,81420Y ago$97,554
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.
AOS Income Growth Story
Dividend per share and yield on cost over time (42 years of payments)
AOS Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
A. O. Smith Corporation distributes 35.8% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 30.2%, rated "Well Covered".
Piotroski F-Score: 8/9 — strong financial health.
Growth Track Record
AOS has raised its dividend for 14 consecutive years, with a 3-year CAGR of 6.6% and 5-year CAGR of 7.1%.
Total Shareholder Returns
Beyond cash dividends, AOS returns capital through share repurchases. The combined picture: 2.3% dividend yield, 4.6% buyback yield, 6.9% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 2.6% and is currently rising. The 5-year total return is -1.9%, with dividends contributing 9.3% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $16,814 today.
AOS Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$6.30
Avg/Payment$0.3150
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Apr 30, 2026Latest | $0.3600 | — | 2.30% | May 15, 2026 |
| Jan 30, 2026 | $0.3600 | — | 1.91% | Feb 17, 2026 |
| Oct 31, 2025 | $0.3600 | ↑ +5.9% | 2.09% | Nov 17, 2025 |
| Jul 31, 2025 | $0.3400 | — | 1.92% | Aug 15, 2025 |
| Apr 30, 2025 | $0.3400 | — | 1.97% | May 15, 2025 |
| Jan 31, 2025 | $0.3400 | — | 1.96% | Feb 18, 2025 |
| Oct 31, 2024 | $0.3400 | ↑ +6.3% | 1.73% | Nov 15, 2024 |
| Jul 31, 2024 | $0.3200 | — | 1.51% | Aug 15, 2024 |
AOS Dividend vs Peers
Comparable companies in the same industry
#2 yield in peer group
Div Yield
2.3%
#2 of 9
Safety
Sustainable
35.8% payout
Streak
14Y
7.1% 5Y CAGR
Total Shareholder
6.9%
#2 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
2nd AOSA. O. Smith Corporat… | $8.6B | 2.3% | 35.8% | 14 | Sustainable |
 LIILennox International… | $19.6B | 0.9% | 22.0% | 19 | Sustainable |
1st  WSOWatsco, Inc. | $16.7B | 3.0% | 95.3% | 12 | At Risk |
 AAONAAON, Inc. | $10.4B | 0.3% | 30.3% | 1 | Sustainable |
 MWAMueller Water Produc… | $4.2B | 1.0% | 21.9% | 11 | Sustainable |
 WTSWatts Water Technolo… | $12.0B | 0.6% | 19.6% | 13 | Sustainable |
3rd  ALLEAllegion plc | $12.0B | 1.5% | 27.2% | 12 | Sustainable |
 CARRCarrier Global Corpo… | $61.5B | 1.2% | 51.7% | 0 | Sustainable |
 JCIJohnson Controls Int… | $84.4B | 1.1% | 29.7% | 5 | Sustainable |
AOS Annual Dividend History (1985–2026)
42 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.72 | — | 2 | — | — | — | 1.3% |
| 2025 | $1.38 | 6.2% | 4 | $3.86 | 35.8% | 2.80x | 2.6% |
| 2024 | $1.30 | 6.6% | 4 | $3.63 | 35.8% | 2.79x | 2.4% |
| 2023 | $1.22 | 7.0% | 4 | $3.69 | 33.1% | 3.02x | 2.3% |
| 2022 | $1.14 | 7.5% | 4 | $1.51 | 75.5% | 1.32x | 2.1% |
| 2021 | $1.06 | 8.2% | 4 | $3.02 | 35.1% | 2.85x | 2.0% |
| 2020 | $0.98 | 8.9% | 4 | $2.12 | 46.2% | 2.16x | 1.8% |
| 2019 | $0.90 | 18.4% | 4 | $2.22 | 40.5% | 2.47x | 1.7% |
| 2018 | $0.76 | 35.7% | 4 | $2.58 | 29.5% | 3.39x | 1.4% |
| 2017 | $0.56 | 16.7% | 4 | $1.70 | 32.9% | 3.04x | 1.0% |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
41+ years return with dividends reinvested.
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DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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AOS — Frequently Asked Questions
Quick answers to the most common questions about buying AOS stock.
How much dividend does AOS pay per share?
A. O. Smith Corporation (AOS) pays a trailing 12-month dividend of $1.40 per share, with a current dividend yield of +2.3%. Payments are made Semi-Annual.
When is AOS's next ex-dividend date?
AOS's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. AOS typically pays dividends Semi-Annual.
Is AOS's dividend safe?
AOS's dividend safety is rated "Sustainable" based on an earnings payout ratio of +35.8% and FCF payout ratio of +30.2%. With 14 consecutive years of dividend growth, the track record supports sustainability.
Is AOS a Dividend Achiever?
Yes, A. O. Smith Corporation is classified as a Dividend Achiever with 14 consecutive years of dividend increases. The 5-year dividend CAGR is +7.1%, demonstrating above-inflation dividend growth.
How often does AOS pay dividends?
A. O. Smith Corporation pays dividends Semi-Annual. The trailing 12-month total is $1.40 per share. Dividend data on this page covers 41+ years from 1985 to 2026.
How much would $10,000 invested in AOS grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in AOS five years ago would be worth approximately $9,809 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is AOS's yield on cost for long-term holders?
AOS's yield on cost — the current dividend divided by the original purchase price — is +2.6% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.3% market yield, thanks to consistent dividend growth.