A. O. Smith announces 17 percent dividend increase

MILWAUKEE, Jan. 20, 2017 /PRNewswire/ -- Directors of A. O. Smith Corporation AOS today approved a 17 percent increase in the company's quarterly cash dividend to $.14 per share.  The dividend increase affects the company's Common Stock and Class A Common Stock.

The dividend is payable on Feb. 15 to shareholders of record Jan. 31.  

"The company's strong balance sheet and cash-generating ability give us the confidence to increase our dividend," Ajita Rajendra, chairman and chief executive officer, said. "This is the 12^th consecutive year A. O. Smith has increased its quarterly cash dividend."

A. O. Smith Corporation, with headquarters in Milwaukee, Wis., is a global leader applying innovative technology and energy-efficient solutions to products manufactured and marketed worldwide. The company is one of the world's leading manufacturers of residential and commercial water heating equipment, as well as a manufacturer of water treatment and air purification products.  For more information visit www.aosmith.com.

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SOURCE A. O. Smith Corporation