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Aaon Inc. (AAON) logo

Aaon Inc.

S&P 500

AAON/Industrials · Building Products & Equipment/NASDAQ

Dividend Yield

0.29%

$0.40 · Annual Dividend

Stock Price$133.26P/E96.3MCap11.2BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

78/ 100Safe

AAON's dividend appears safe and well-supported. Strengths include a 28.2% earnings payout ratio & 17.8% fcf payout ratio. Areas of concern: 162.3% cfo payout ratio. The dividend has been growing at a 9.57% 5-year CAGR.

Based on 15 of 15 metrics

Strengths

  • Earnings Payout Ratio: 28.2%Low earnings payout ratio leaves room to grow the dividend.
  • FCF Payout Ratio: 17.8%Free cash flow comfortably covers the dividend.
  • Current Ratio: 2.6xStrong short-term liquidity to meet obligations.

Risks

  • CFO Payout Ratio: 162.3%Operating cash flow leaves little room for the payout.

Payout & Coverage

Safe
28.2%Very Safe
17.8%Very Safe
162.3%Danger

Balance Sheet

Very Safe
2.6xVery Safe
47.5Very Safe

Profitability

Caution
11.6%Caution
25.1%Caution

Dividend Track Record

Very Safe
11+ yrsVery Safe
NoneVery Safe
GrowingVery Safe

About Aaon Inc.

Aaon Inc. is a U.S.-based manufacturer of commercial and industrial heating, ventilation, and air conditioning (HVAC) equipment. The company focuses on engineering and producing semi-custom and custom HVAC systems designed for energy-efficient climate control in commercial, institutional, and industrial buildings. Its product portfolio includes rooftop units, chillers, packaged outdoor mechanical rooms, air-handling units, makeup air units, energy-recovery units, condensing units, geothermal heat pumps, self-contained units, and coils. Aaon Inc. operates through segments such as AAON Oklahoma, AAON Coil Products, and BASX, covering system manufacturing, specialized coil production, and modular data center and cleanroom solutions. The company also designs control solutions and supplies replacement and retail parts through physical and online channels, supporting ongoing system operation and maintenance. Headquartered in Tulsa, Oklahoma, Aaon Inc. plays a notable role in the building products and equipment industry, serving customers that require reliable, high-performance HVAC solutions for complex and large-scale facilities.

Dividend Overview

Dividend Yield

0.29%

Annual Dividend

$0.40

Frequency

Quarterly

Payout Ratio

28.17%

FCF Payout Ratio

17.79%

52-Week Range

$62.00 - $150.46

Dividend History (2016–2025)

AAON annual dividend per share and yield history

Earnings & Profitability

AAON earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

June 5, 2026

Next Payment Date

June 26, 2026

Dividend Growth

3-Year Dividend CAGR

11.74%

5-Year Dividend CAGR

9.57%

10-Year Dividend CAGR

10.55%

3-Year Total Growth

39.52%

5-Year Total Growth

57.92%

10-Year Total Growth

172.67%

Income Calculator

AAON Dividend Calculator

Total Investment

$13,326.00

Annual Income

$40.00

Quarterly Income

$10.00

Monthly Income

$3.33

Frequently Asked Questions

What is AAON's current dividend yield?
Aaon Inc. (AAON) currently has a dividend yield of 0.29%, based on a stock price of $133.26 and an annual dividend of $0.40.
When is AAON's next dividend payment date?
AAON's next ex-dividend date is 2026-06-05 and the next payment date is 2026-06-26. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does AAON pay in dividends per year?
Aaon Inc. paid $0.40 per share in annual dividends in 2025. The dividends are paid quarterly.
Has AAON been increasing its dividend?
Aaon Inc. has grown its dividend at a 5-year CAGR of 9.57% and a 10-year CAGR of 10.55%.
Is AAON's dividend safe?
Aaon Inc. has a payout ratio of 28.17%. Its free cash flow payout ratio is 17.79%. A payout ratio below 60% is generally considered sustainable.
How is AAON's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Aaon Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for industrials companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.