MILWAUKEE, Oct. 12, 2026 /PRNewswire/ -- The board of directors of A. O. Smith Corporation (NYSE:AOS) approved a 6% increase in the company's quarterly cash dividend rate to $0.38 per share. The dividend increase affects the company's Common Stock and Class A Common Stock.

The dividend is payable on Monday, Nov. 16 to shareholders of record Friday, Oct. 30, 2026.

"This dividend increase reflects our confidence in the strength of our business and our commitment to delivering long-term value for shareholders," said Steve Shafer, chairman and chief executive officer. "Our track record of more than 30 consecutive years of dividend increases reflects the resilience of our business, the strength of our cash generation and our confidence in the future."

About A. O. Smith

A. O. Smith Corporation, with headquarters in Milwaukee, Wisconsin, is a global leader applying innovative technology and energy-efficient solutions to products manufactured and marketed worldwide. Listed on the New York Stock Exchange (NYSE:AOS), the company is one of the world's leading manufacturers of residential and commercial water heating equipment and boilers, as well as a manufacturer of water treatment and water management products. For more information, visit www.aosmith.com.

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SOURCE A. O. Smith Corporation