Applied Industrial Technologies Declares Quarterly Dividend and Announces Annual Meeting Date
June 20 2019 - 6:30AM
Business Wire
Applied Industrial Technologies (NYSE: AIT) President &
Chief Executive Officer Neil A. Schrimsher today announced that the
Company’s Board of Directors has declared a quarterly cash dividend
of $0.31 per common share, payable on August 30, 2019, to
shareholders of record on August 15, 2019.
The Company also announced that its Annual Meeting of
Shareholders will be held at 9:00 a.m., Tuesday, October 29, 2019,
at its Corporate Headquarters, 1 Applied Plaza (E. 36th &
Euclid Avenue), Cleveland, Ohio. August 30, 2019, is the record
date for determining shareholders entitled to notice of and to vote
at the Annual Meeting.
About Applied®
Founded in 1923, Applied Industrial Technologies is a leading
distributor of bearings, power transmission products, engineered
fluid power components and systems, specialty flow control
solutions, and other industrial supplies, serving MRO and OEM
customers in virtually every industry. In addition, Applied
provides engineering, design and systems integration for industrial
and fluid power applications, as well as customized mechanical,
fabricated rubber, fluid power, and flow control shop services.
Applied also offers storeroom services and inventory management
solutions that provide added value to its customers. For more
information, visit www.applied.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190620005071/en/
Ryan D. Cieslak Director – Investor Relations & Treasury
216-426-4887 / rcieslak@applied.com
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