Aaon Dividend and Recent Developments: Insights Before Jun 6, 2025

CashCowMonday, Jun 2, 2025 10:06 pm ET
1min read
Aaon (AAON) has declared a dividend of $0.100 per share, with key dates including an ex-dividend date on Jun 6, 2025, announcement date on May 13, 2025, and payment date on Jun 27, 2025. This dividend amount is lower compared to the average of the last ten dividends, which stands at approximately $0.143 per share. The company's previous dividend, distributed on Mar 28, 2025, was also $0.100 per share, maintaining the same payout level. Both dividends are categorized as 'cash dividends.'

Recently, AAON Inc's stock experienced a decline of 3.26% during trading on Jun 2, 2025, touching an intraday low of $93.10 before slightly recovering to $93.14. The stock's current price is notably 35.35% below its 52-week high of $144.07 and 35.02% above its 52-week low of $68.98. Over the past week, analysts have offered a one-year price target averaging $107.25, suggesting a potential upside of 15.15%. Meanwhile, the company has expanded its revolving loan agreement, increasing its commitment from $200 million to $500 million, which enhances financial flexibility until 2030. This strategic move is seen as a significant step towards ensuring robust future operations and growth.

As of late, Allied Investment Advisors LLC has reduced its holdings in AAON, Inc. by 6.9% during the first quarter, indicating a shift in investment strategy. Furthermore, AAON has entered into a material definitive agreement, marking a notable development in its corporate trajectory. This agreement, effective May 29, 2025, involves AAON Coil Products, Inc., and BASX, Inc., potentially impacting its market performance and operational dynamics. These recent corporate maneuvers are aligned with AAON's ongoing efforts to strengthen its financial health and capitalize on industry opportunities.

In conclusion, AAON appears committed to maintaining stable dividends while strategically expanding its financial and operational capabilities. Investors should note that Jun 6, 2025, marks the ex-dividend date, the final opportunity to purchase AAON shares to qualify for the upcoming dividend payout. Any acquisitions made after this date will not be eligible for the current dividend distribution.

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