Applied Industrial Technologies Raises Dividend by 11%

Dow Jones

01/27

By Colin Kellaher

Applied Industrial Technologies' board has raised the company's quarterly dividend by 11%, to 51 cents from 46 cents.

The new payout, equal to $2.04 a year, represents an annual yield of about 0.72% based on Monday's closing price of $281.54, up from 0.65%.

The Cleveland maker and distributer of industrial parts and products on Tuesday said the increased dividend is payable Feb. 27 to shareholders of record Feb. 13.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

January 27, 2026 06:56 ET (11:56 GMT)

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