AAON, Inc. (AAON) To Go Ex-Dividend on June 5th

AAON, Inc. (NASDAQ:AAON) announced a quarterly dividend on Tuesday, May 12th. Investors of record on Friday, June 5th will be given a dividend of 0.10 per share by the construction company on Friday, June 26th. This represents a c) annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Friday, June 5th.

AAON has increased its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 2 consecutive years. AAON has a dividend payout ratio of 13.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect AAON to earn $3.42 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 11.7%.

AAON Trading Up 3.5%

AAON opened at $143.50 on Wednesday. The company has a 50-day simple moving average of $106.00 and a 200 day simple moving average of $95.15. The company has a quick ratio of 1.75, a current ratio of 2.62 and a debt-to-equity ratio of 0.46. AAON has a twelve month low of $62.00 and a twelve month high of $149.00. The stock has a market capitalization of $11.75 billion, a price-to-earnings ratio of 100.35, a P/E/G ratio of 3.88 and a beta of 1.38.

AAON (NASDAQ:AAON) last released its earnings results on Thursday, May 7th. The construction company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.17. AAON had a return on equity of 13.67% and a net margin of 7.30%.The firm had revenue of $496.94 million during the quarter, compared to analysts’ expectations of $381.08 million. During the same period in the prior year, the company earned $0.37 earnings per share. The company’s quarterly revenue was up 54.3% on a year-over-year basis. Analysts predict that AAON will post 2.23 EPS for the current fiscal year.

AAON Company Profile

AAON, Inc (NASDAQ: AAON) is a U.S.-based designer and manufacturer of heating, ventilation and air conditioning (HVAC) equipment for commercial and industrial applications. The company’s product portfolio focuses on rooftop packaged units, water-source heat pumps, chillers and custom-engineered solutions that cater to a wide array of building types, from office complexes and schools to data centers and healthcare facilities.

AAON’s core offerings include rooftop units available in gas, electric and dual-fuel configurations, precision air-conditioning systems for temperature- and humidity-sensitive environments, and modular chillers suited for both indoor and outdoor installations.