The decision underscores a consistent financial strategy for the water heating and treatment manufacturer, marking more than three decades of consecutive dividend growth. Chairman and CEO Steve Shafer linked the move to the company’s sustained cash generation capabilities and its broader outlook for business resilience.

This dividend adjustment applies to all common stock classes currently traded under the ticker AOS on the New York Stock Exchange. The company continues to focus on its core portfolio of residential and commercial boilers and water management solutions from its Wisconsin headquarters.