A. O. Smith Raises Dividend 2.6 Percent

A. O. Smith (AOS), a manufacturer of residential and commercial water heating equipment and electric motors, has raised its quarterly dividend from $0.19 per share to $0.195 per share, a 2.6 percent increase. The new dividend is payable August 17, 2009 to shareholders of record as of July 31, 2009. AOS has paid cash dividends every year since 1940.

Its current dividend yield is 2.30 percent.

AOS is a candidate for an income or long-term dividend reinvestment program.

To get more performance information about AOS, use the buyupside.com Stock Return Calculator. Enter AOS as the stock symbol on the calculator input form.

See the buyupside.com Dividend Chart Maker to view dividends charts for AOS and other dividend-paying stocks.

I (RAH) do not own AOS.

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Posted July 16, 2009.