Applied Industrial Technologies

Owners of Applied Industrial Technologies (NYSE: AIT) shares as of market close today will be eligible for a dividend of 23 cents per share. At a price of $46.65 as of 9:29 a.m. ET, the dividend yield is 2%.

The average volume for Applied Industrial Technologies has been 180,900 shares per day over the past 30 days. Applied Industrial Technologies has a market cap of $2.0 billion and is part of the wholesale industry. Shares are up 10.9% year to date as of the close of trading on Monday.

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Applied Industrial Technologies, Inc. distributes industrial products for maintenance, repair, and operational needs, as well as original equipment manufacturing applications primarily in the United States, Canada, Australia, New Zealand, Mexico, and Puerto Rico. The company has a P/E ratio of 17.20.

TheStreet Ratings rates Applied Industrial Technologies as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Applied Industrial Technologies Ratings Report now.

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