Applied Industrial Technologies Declares Quarterly Dividend and Announces Annual Meeting Date

Rhea-AI Summary

Applied Industrial Technologies (NYSE: AIT) has declared a quarterly cash dividend of $0.33 per common share, payable on August 31, 2021, to shareholders of record on August 16, 2021. Additionally, the Company will hold its Annual Meeting of Shareholders at 9:00 a.m. EDT on October 26, 2021, at its Corporate Headquarters in Cleveland, Ohio. The record date for this meeting is August 27, 2021.

Positive

• Quarterly cash dividend of $0.33 per share, reflecting company's commitment to returning value to shareholders.
• Shareholders are invited to participate in the Annual Meeting, fostering transparency and engagement.

Negative

• None.

Applied Industrial Technologies (NYSE: AIT) Board of Directors has declared a quarterly cash dividend of $0.33 per common share, payable on August 31, 2021, to shareholders of record on August 16, 2021.

The Company also announced that its Annual Meeting of Shareholders will be held at 9:00 a.m. EDT, Tuesday, October 26, 2021, at its Corporate Headquarters, 1 Applied Plaza (E. 36^th & Euclid Avenue), Cleveland, Ohio. August 27, 2021, is the record date for determining shareholders entitled to notice of and to vote at the Annual Meeting.

About Applied^®
Applied Industrial Technologies is a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies. Our leading brands, specialized services, and comprehensive knowledge serve MRO and OEM end users in virtually all industrial markets through our multi-channel capabilities that provide choice, convenience, and expertise. For more information, visit www.applied.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210625005034/en/

FAQ

What is the dividend amount declared by AIT?

Applied Industrial Technologies has declared a quarterly cash dividend of $0.33 per common share.

When will the dividend be paid to shareholders?

The dividend will be paid on August 31, 2021, to shareholders of record on August 16, 2021.

When is the Annual Meeting of Shareholders for AIT?

The Annual Meeting of Shareholders will take place on October 26, 2021, at 9:00 a.m. EDT.

What is the record date for voting at the Annual Meeting?

The record date for determining shareholders entitled to vote at the Annual Meeting is August 27, 2021.