Global water technology company A. O. Smith Corporation (the "Company") (NYSE-AOS) today announced that the Company's upcoming 2020 Annual Meeting of Shareholders (the "Annual Meeting") will be held as a virtual meeting only. The change of venue for this year's meeting is being made due to the emerging public health threat of the coronavirus pandemic (COVID-19) and to support the health and well-being of the Company's stockholders, employees, directors and communities. As previously announced, the Annual Meeting will be held on Wednesday, April 15, 2020, at 8:00 a.m. CDT.
This week we saw the A. O. Smith Corporation (NYSE:AOS) share price climb by 12%. But that doesn't change the reality...
A.O. Smith (AOS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Q1 2020 A. O. Smith Corp Earnings Call
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Milwaukee-based A.O. Smith Corp. said president and CEO Kevin Wheeler will become the company's new chairman after former executive chairman Ajita Rajendra announced his retirement effective May 1.
A. O. Smith Corporation (NYSE: AOS) announced today that executive chairman Ajita Rajendra will be retiring effective May 1, 2020.
Global water technology company A. O. Smith Corporation (the "Company") (NYSE-AOS) today announced first quarter net earnings of $51.7 million or $0.32 per share on first quarter sales of $636.9 million. Earnings per share declined approximately 40 percent compared with first quarter 2019 earnings per share of $0.53. Sales in the quarter ended March 31 were approximately 15 percent lower compared with sales of $748.2 million during the same period in 2019.
Directors of A. O. Smith Corporation (NYSE: AOS) today declared a regular quarterly cash dividend of $.24 per share on the company's Common Stock and Class A Common Stock.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
Renewable energy and water treatment should prove far more resilient investments than oil in the years ahead.
In times of market turmoil, one group of stocks that investors can count on to deliver reliable income growth is the Dividend Aristocrats: an elite group of companies that have produced at least 25 consecutive years of dividend hikes.During the 2010s, these high-quality stocks returned an average of 14.75% per year, besting the S&P; 500 by 1.2 percentage points. A big reason for the Dividend Aristocrats' outperformance, especially over the long term, is the high dividend component of their returns.Studies by Standard & Poor's have shown that more than one-third of the long-term total return of stocks comes from dividends. In the case of the Aristocrats, many of them traditionally don't boast attractive yields for new money. But investors that stick with them over the long haul are rewarded with growing "yields on cost" over time.Reliable payouts also help make this group less risky than most other stocks. For instance, volatility of the Dividend Aristocrats' returns during the 2010s, as measured by standard deviation - a measure of how widely or narrowly prices are dispersed compared to an average - was more than 9% lower than the S&P; 500.That doesn't make them invulnerable from market downturns. A number of Dividend Aristocrats have gone on discount, losing 10%, 20%, even 30% of their value since the start of the bear market. But they offer more than cheap prices - they offer real value, both in higher-than-usual yields as well as snap-back potential once the market rebounds.Here are 19 Dividend Aristocrats that should appeal to investors who want safety and reliably rising dividends at discounted prices. SEE ALSO: 64 Dividend Stocks You Can Count On in 2020
A. O. Smith Corporation (NYSE: AOS) will release its first quarter 2020 financial results before the market opens on Tuesday, May 5 and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Daylight Time).
A.O. Smith, a maker of water heaters and boilers, does a lot of business in China. But somehow, its stock was rising on Thursday, when rest of the market was tanking on renewed coronavirus fears.
A. O. Smith's (AOS) first-quarter 2020 net sales decrease about 15% year over year on account of lackluster performance across the Rest of World segment.
Q4 2019 A. O. Smith Corp Earnings Call
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Dividend paying stocks like A. O. Smith Corporation (NYSE:AOS) tend to be popular with investors, and for good reason...