AAON - NASDAQ
AAON, Inc.
$148.25
+3.3%AAON, Inc., together with its subsidiaries, engages in engineering, manufacturing, marketing, and selling air conditioning and heating equipment in the United States and Canada. The company operates through three segments: AAON Oklahoma, AAON Coil Products, and BasX. It offers rooftop units, data center cooling solutions, cleanroom systems, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps, coils, and controls. The company markets and sells its products to retail, manufacturing, educational, lodging, supermarket, data centers, medical and pharmaceutical, and other commercial industries. It sells its products through a network of independent manufacturer representative organizations and internal sales force. The company was incorporated in 1987 and is based in Tulsa, Oklahoma.
At a Glance
Live SnapshotAAON, Inc. Dividend History
AAON Dividend Payment History
Total Payments
48
Latest Dividend
$0.1000
Annual Amount
$0.5000
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
May 12, 2026 | Jun 5, 2026 | Jun 26, 2026 | $0.1000 | $0.1000 | Quarterly | 0.00% |
Mar 3, 2026 | Mar 18, 2026 | Mar 30, 2026 | $0.1000 | $0.1000 | Quarterly | 0.00% |
Nov 10, 2025 | Nov 26, 2025 | Dec 18, 2025 | $0.1000 | $0.1000 | Quarterly | 0.00% |
Aug 13, 2025 | Sep 5, 2025 | Sep 26, 2025 | $0.1000 | $0.1000 | Quarterly | 0.00% |
May 13, 2025 | Jun 6, 2025 | Jun 27, 2025 | $0.1000 | $0.1000 | Quarterly | 0.00% |
Mar 3, 2025 | Mar 18, 2025 | Mar 28, 2025 | $0.1000 | $0.1000 | Quarterly | +25.00% |
Nov 13, 2024 | Nov 29, 2024 | Dec 19, 2024 | $0.0800 | $0.0800 | Quarterly | 0.00% |
Aug 15, 2024 | Sep 6, 2024 | Sep 27, 2024 | $0.0800 | $0.0800 | Quarterly | 0.00% |
May 24, 2024 | Jun 7, 2024 | Jun 28, 2024 | $0.0800 | $0.0800 | Quarterly | 0.00% |
Mar 1, 2024 | Mar 18, 2024 | Mar 29, 2024 | $0.0800 | $0.0800 | Quarterly | 0.00% |
Nov 10, 2023 | Nov 29, 2023 | Dec 18, 2023 | $0.0800 | $0.0800 | Quarterly | 0.00% |
Aug 18, 2023 | Sep 8, 2023 | Sep 29, 2023 | $0.0800 | $0.0800 | Quarterly | 0.00% |
May 18, 2023 | Jun 9, 2023 | Jun 30, 2023 | $0.1200 | $0.0800 | Quarterly | 0.00% |
Mar 1, 2023 | Mar 13, 2023 | Mar 31, 2023 | $0.1200 | $0.0800 | Quarterly | -50.00% |
Nov 8, 2022 | Nov 28, 2022 | Dec 16, 2022 | $0.2400 | $0.1600 | Semi-Annual | +25.98% |
May 18, 2022 | Jun 3, 2022 | Jul 1, 2022 | $0.1900 | $0.1270 | Semi-Annual | 0.00% |
Nov 9, 2021 | Nov 26, 2021 | Dec 17, 2021 | $0.1900 | $0.1270 | Semi-Annual | 0.00% |
May 17, 2021 | Jun 3, 2021 | Jul 1, 2021 | $0.1900 | $0.1270 | Semi-Annual | 0.00% |
Nov 10, 2020 | Nov 27, 2020 | Dec 18, 2020 | $0.1900 | $0.1270 | Semi-Annual | 0.00% |
May 12, 2020 | Jun 3, 2020 | Jul 1, 2020 | $0.1900 | $0.1270 | Semi-Annual | +18.69% |
Nov 5, 2019 | Nov 27, 2019 | Dec 18, 2019 | $0.1600 | $0.1070 | Semi-Annual | 0.00% |
May 14, 2019 | Jun 3, 2019 | Jul 1, 2019 | $0.1600 | $0.1070 | Semi-Annual | 0.00% |
Nov 6, 2018 | Nov 29, 2018 | Dec 20, 2018 | $0.1600 | $0.1070 | Semi-Annual | 0.00% |
May 15, 2018 | Jun 8, 2018 | Jul 6, 2018 | $0.1600 | $0.1070 | Semi-Annual | +22.99% |
Nov 7, 2017 | Nov 30, 2017 | Dec 21, 2017 | $0.1300 | $0.0870 | Semi-Annual | 0.00% |
May 23, 2017 | Jun 9, 2017 | Jul 7, 2017 | $0.1300 | $0.0870 | Semi-Annual | 0.00% |
Nov 16, 2016 | Dec 2, 2016 | Dec 23, 2016 | $0.1300 | $0.0870 | Semi-Annual | +19.18% |
May 26, 2016 | Jun 10, 2016 | Jul 1, 2016 | $0.1100 | $0.0730 | Semi-Annual | 0.00% |
Nov 2, 2015 | Dec 2, 2015 | Dec 23, 2015 | $0.1100 | $0.0730 | Semi-Annual | 0.00% |
May 21, 2015 | Jun 12, 2015 | Jul 1, 2015 | $0.1100 | $0.0730 | Semi-Annual | +21.67% |
Nov 7, 2014 | Dec 2, 2014 | Dec 23, 2014 | $0.0900 | $0.0600 | Semi-Annual | +3.45% |
May 5, 2014 | Jun 12, 2014 | Jul 1, 2014 | $0.1300 | $0.0580 | Semi-Annual | +31.82% |
Nov 7, 2013 | Dec 2, 2013 | Dec 23, 2013 | $0.1000 | $0.0440 | Semi-Annual | +46.67% |
May 22, 2013 | Jun 13, 2013 | Jul 2, 2013 | $0.1000 | $0.0300 | Semi-Annual | -57.75% |
Nov 8, 2012 | Dec 3, 2012 | Dec 24, 2012 | $0.2400 | $0.0710 | Semi-Annual | +97.22% |
May 18, 2012 | Jun 11, 2012 | Jul 2, 2012 | $0.1200 | $0.0360 | Semi-Annual | 0.00% |
Nov 8, 2011 | Dec 1, 2011 | Dec 22, 2011 | $0.1200 | $0.0360 | Semi-Annual | 0.00% |
May 18, 2011 | Jun 10, 2011 | Jul 1, 2011 | $0.1800 | $0.0360 | Semi-Annual | 0.00% |
Nov 9, 2010 | Dec 1, 2010 | Dec 22, 2010 | $0.1800 | $0.0360 | Semi-Annual | 0.00% |
May 28, 2010 | Jun 10, 2010 | Jul 1, 2010 | $0.1800 | $0.0360 | Semi-Annual | 0.00% |
Nov 24, 2009 | Dec 14, 2009 | Jan 4, 2010 | $0.1800 | $0.0360 | Semi-Annual | 0.00% |
May 20, 2009 | Jun 11, 2009 | Jul 2, 2009 | $0.1800 | $0.0360 | Semi-Annual | +12.50% |
Nov 4, 2008 | Dec 12, 2008 | Jan 2, 2009 | $0.1600 | $0.0320 | Semi-Annual | 0.00% |
May 20, 2008 | Jun 12, 2008 | Jul 3, 2008 | $0.1600 | $0.0320 | Semi-Annual | 0.00% |
Nov 15, 2007 | Dec 13, 2007 | Jan 3, 2008 | $0.1600 | $0.0320 | Semi-Annual | +23.08% |
May 24, 2007 | Jun 11, 2007 | Jul 2, 2007 | $0.2000 | $0.0260 | Semi-Annual | 0.00% |
Nov 7, 2006 | Dec 13, 2006 | Jan 3, 2007 | $0.2000 | $0.0260 | Semi-Annual | 0.00% |
Feb 21, 2006 | Jun 12, 2006 | Jul 3, 2006 | $0.2000 | $0.0260 | Quarterly | - |
AAON, Inc. Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
FCF Payout Ratio
Negative free cash flow while paying dividends is a major red flag. Company burning cash and cannot sustain dividend without external financing.
Dividend Growth
Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.
Sustainability
Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.
Key Insight
Recent dividend cut signals distress: Management forced to reduce payout, indicating financial pressure. Evaluate whether business challenges are temporary or structural before reinvesting.
Related Guides
Continue your AAON research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.