Dividend Payment Details AAON Inc. has announced that its board of directors has declared a regular quarterly cash dividend of $0.10 per share. The dividend will be payable on June 26, 2026, to shareholders of record as of the close of business on June 5, 2026. This ongoing dividend payment continues the company's consistent commitment to returning capital to its shareholders.

Strong First-Quarter Performance Supports Dividend The dividend announcement follows shortly after the company reported record first-quarter results. For the first quarter of 2026, AAON's net sales increased by 54.3% year-over-year to a record $496.9 million. This growth was driven by strong demand for both the AAON and BASX brands and increased capacity investments. Sales for the BASX brand grew by 72.4% to $228.6 million, reflecting continued robust demand for data center cooling solutions. GAAP diluted earnings per share increased by 37.1% to $0.48.

The company's backlog grew by 107.4% year-over-year to a record $2.13 billion, providing excellent visibility for future business. Management stated that the current top priority is to drive production, convert the backlog, and achieve gradual margin improvement as capacity utilization increases.

Shareholders Approve Multiple Governance Items at Annual Meeting At the annual shareholders' meeting held on May 12, shareholders approved several governance items. These included increasing the maximum size of the board of directors from 9 to 11 members and approving, on an advisory basis, the executive compensation plan.

About AAON Founded in 1988 and headquartered in Tulsa, Oklahoma, AAON is a global leader in providing HVAC solutions for commercial, industrial, and data center indoor environments. Its highly engineered equipment is sold under the AAON and BASX brands.