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A. O. Smith Corporation
A. O. Smith Increases Quarterly Dividend to $.19 Per Share
August 1st, 2008
Directors of A. O. Smith Corporation (NYSE:AOS) announced a 5.5 percent increase in the company's quarterly cash dividend to a rate of $.19 per share. The increased dividend will apply to both Common Stock and Class A Common Stock and is payable on Aug. 15 to shareholders of record July 31. This is the sixth time in the last seven years that the company has increased its quarterly dividend and follows last year's record-setting net earnings of $2.85 per share. "A. O. Smith remains committed to improving its profitability and returns so that our stockholders may realize the value of their investment in spite of tough economic...
Source: Health Business Week (2008-08-01)
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