A. O. Smith Dividends and Buybacks
Dividend criteria checks 5/6
A. O. Smith is a dividend paying company with a current yield of 2.51% that is well covered by earnings.
Key information
2.5%
Dividend yield
4.0%
Buyback Yield
| Total Shareholder Yield | 6.5% |
| Future Dividend Yield | 2.7% |
| Dividend Growth | 10.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 39% |
Recent dividend and buyback updates
Recent updates
Quick decision on China strategy needed
AOS manufactures water heaters and boilers in North America, with a secondary business in China that is in structural decline. The North American franchise is genuinely strong: three players control 90%+ of the market, the product is a non-discretionary emergency replacement in 80%+ of cases, and prices have risen above inflation for twelve consecutive years.A. O. Smith: Earnings Trough And Attractive Valuation Creates Upside
Summary A. O. Smith is rated Buy due to resilient replacement demand, energy-efficiency tailwinds, and an attractive valuation. Approximately 80-85% of North American water heater demand is replacement-driven, providing downside protection and medium-term growth potential. Earnings are expected to recover from Q4 2026, driven by pricing realization, cost savings, and a favorable product mix shift. AOS trades at a 16% discount to its five-year average P/E, with a 2.3% dividend yield and double-digit total return potential. Read the full article on Seeking Alpha
AOS: Replacement Demand And Cost Execution Will Drive Future Upside Potential
A. O.
AOS: Leadership Shift And Execution Risks Will Shape Balanced Outlook
Analysts have reduced their fair value estimate for A. O.
AOS: Replacement Demand And Cost Actions Will Support Future Upside
A. O.A. O. Smith (AOS) Stock Could Be 18% Undervalued After Zacks Strong Sell Downgrade
A. O. Smith (AOS) has just been added to the Zacks Rank #5 (Strong Sell) list after a downward revision to its current year earnings estimate, which is putting fresh focus on how the stock’s outlook is changing. See our latest analysis for A. O. Smith. At a share price of $58.22, A. O. Smith has seen its 1 month share price return of 4.06% partially offset a weaker pattern, with the 90 day share price return down 9.16% and the 1 year total shareholder return down 5.76%, which points to fading...AOS: Share Repurchases And Reset Expectations Will Support Future Upside Potential
A. O.AOS: Share Repurchases And Incremental Guidance Will Support Future Upside Potential
Analysts reduced the consolidated price target on A. O.AOS: Share Repurchases Will Support Upside Despite Mixed Street Sentiment
Narrative Update on A. O.Analyst Estimates: Here's What Brokers Think Of A. O. Smith Corporation (NYSE:AOS) After Its Full-Year Report
A. O. Smith Corporation ( NYSE:AOS ) last week reported its latest annual results, which makes it a good time for...AOS: Capital Returns And M&A Will Offset Softer Unit Shipments
Narrative Update on A. O.AOS: Capital Returns And Acquisitions Will Drive Next Phase Of Shareholder Value
Analysts kept their price target for A. O.A. O. Smith (NYSE:AOS) Could Become A Multi-Bagger
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...AOS: Digital Leadership And Capital Returns Will Drive Next Phase Of Shareholder Value
Analysts have raised their price target on A. O.There's Reason For Concern Over A. O. Smith Corporation's (NYSE:AOS) Price
With a median price-to-earnings (or "P/E") ratio of close to 19x in the United States, you could be forgiven for...AOS: Digital Transformation Initiatives Will Unlock Next Phase Of Shareholder Value
Analysts have slightly raised their price target for A. O.AOS: Digital Leadership and Share Buybacks Will Drive Upside Momentum
Analysts have raised their price target for A. O.AOS: Digital Leadership Will Drive Long-Term Expansion And Shareholder Value
Narrative Update on A. O.A. O. Smith Corporation (NYSE:AOS) Just Released Its Third-Quarter Earnings: Here's What Analysts Think
A. O. Smith Corporation ( NYSE:AOS ) shareholders are probably feeling a little disappointed, since its shares fell...A. O. Smith (NYSE:AOS) Has Announced That It Will Be Increasing Its Dividend To $0.36
The board of A. O. Smith Corporation ( NYSE:AOS ) has announced that it will be increasing its dividend by 5.9% on the...A. O. Smith: Benefiting From The Twin Tailwinds Of Water And Efficiency
Summary A. O. Smith Corp., manufacturer of a broad range of residential and commercial water heaters and boilers, along with water and air purification systems, is now an $8 billion (by market cap) water technology leader. To date, AOS increased its dividend for 31 consecutive years, with a 10-year dividend growth rate of 15.8%. A. O. Smith moved its revenue from $2.5 billion in FY 2015 to $3.8 billion in FY 2024, a compound annual growth rate of 4.8%. AOS is benefiting from the twin tailwinds of water and efficiency. Read the full article on Seeking AlphaA.O. Smith: Investors Should Wait For Demand To Return And A Better Entry Point
Summary A.O. Smith has a market cap of more than $10 billion and an annual CAGR of more than 18% since 2010. The Company is a Dividend Aristocrat and Champion, but the dividend growth has slowed in recent years. My current valuation suggests AOS is trading for a slightly premium, and thus, investors may need to wait for decent pullback before adding to or initiating a position. Read the full article on Seeking AlphaStability and Growth of Payments
Fetching dividends data
Stable Dividend: AOS's dividends per share have been stable in the past 10 years.
Growing Dividend: AOS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| A. O. Smith Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AOS) | 2.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.1% |
| Industry Average (Building) | 1.7% |
| Analyst forecast (AOS) (up to 3 years) | 2.7% |
Notable Dividend: AOS's dividend (2.51%) is higher than the bottom 25% of dividend payers in the US market (1.36%).
High Dividend: AOS's dividend (2.51%) is low compared to the top 25% of dividend payers in the US market (4.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.3%), AOS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.6%), AOS's dividend payments are well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/14 18:43 |
| End of Day Share Price | 2026/09/11 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
A. O. Smith Corporation is covered by 29 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Halloran | Baird |
| Charles Brady | BMO Capital Markets Equity Research |
| Martin Mauro | BofA Global Research |