A.O. Smith Raises Quarterly Dividend by 7.1% >AOS - MarketWatch

By Colin Kellaher

A.O. Smith Corp. said Thursday its committee raised the quarterly dividend by 7.1%, to 30 cents from 28 cents.

The caller payout, adjacent to $1.20 a year, represents an yearly output of astir 2.44% based connected Wednesday's closing terms of $49.13, up from astir 2.28%.