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AAON Announces Semi-Annual Cash Dividend

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AAON, Inc. has declared a semi-annual cash dividend of $0.19 per share, totaling $0.38 annually. This dividend is scheduled for payment on December 17, 2021, to stockholders who are on record as of November 26, 2021. The company specializes in manufacturing heating and cooling equipment and has been operational since 1988. AAON emphasizes innovation and customer satisfaction in its product offerings.

Positive
  • Dividend of $0.19 per share reflects company confidence and income for shareholders.
  • Demonstrated commitment to delivering high-quality heating and cooling solutions since 1988.
Negative
  • Risks related to changes in raw material prices may impact profitability.
  • Fluctuations in the commercial construction market could affect sales.

TULSA, Okla., Nov. 09, 2021 (GLOBE NEWSWIRE) -- AAON, Inc. (NASDAQ-AAON), today announced that its Board of Directors has declared the Company’s next regular semi-annual cash dividend of $0.19 per share, or $0.38 annually. The cash dividend will be payable on December 17, 2021, to stockholders of record as of the close of business on November 26, 2021.

About AAON
AAON, Inc. is engaged in the engineering, manufacturing, marketing and sale of air conditioning and heating equipment consisting of standard, semi-custom and custom rooftop units, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps, coils and controls. Since the founding of AAON in 1988, AAON has maintained a commitment to design, develop, manufacture and deliver heating and cooling products to perform beyond all expectations and demonstrate the value of AAON to our customers. For more information, please visit www.AAON.com.

Forward-Looking Statements
Certain statements in this press release may include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “seeks”, “estimates”, “should”, “will”, and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligations to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Important factors that could cause results to differ materially from those in the forward-looking statements include (1) the timing and extent of changes in raw material and component prices, (2) the effects of fluctuations in the commercial/industrial new construction market, (3) the timing and extent of changes in interest rates, as well as other competitive factors during the year, and (4) general economic, market or business conditions.

Contact Information
Joseph Mondillo
Director of Investor Relations
Phone: (617) 877-6346
Email: joseph.mondillo@aaon.com


FAQ

What is the dividend amount declared by AAON in November 2021?

AAON declared a dividend of $0.19 per share.

When will AAON's next dividend payment be made?

The dividend payment will be made on December 17, 2021.

What is the record date for AAON's dividend payment?

The record date for the dividend payment is November 26, 2021.

How much is AAON's annual dividend?

AAON's annual dividend amounts to $0.38.

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10.88B
82.21M
17.46%
75.85%
2.65%
Building Products & Equipment
Air-cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
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United States of America
TULSA