CLEVELAND, June 23, 2022--Applied Industrial Technologies (NYSE: AIT) Board of Directors has declared a quarterly cash dividend of $0.34 per common share, payable on August 31, 2022, to shareholders of record on August 15, 2022.
Despite challenges, industrial production has been on the rise, helping companies like Titan International (TWI), Hubbell Incorporated (HUBB), Applied Industrial Technologies (AIT) and Helios Technologies (HLIO).
Applied Industrial (AIT) stands to benefit from strength across its businesses, acquired assets, growth investments and shareholder-friendly policies.