Applied Industrial Technologies Declares Quarterly Dividend and Announces Annual Meeting Date
June 22 2017 - 6:30AM
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 $0.29 per common share, payable on August 31, 2017, to
shareholders of record on August 15, 2017.
The Company also announced that its Annual
Meeting of Shareholders will be held at 10:00 a.m., Tuesday,
October 24, 2017, at its Corporate Headquarters, 1 Applied Plaza
(E. 36th & Euclid Avenue), Cleveland, Ohio. August 25, 2017, is
the record date for determining shareholders entitled to notice of
and to vote at the Annual Meeting.
About AppliedFounded in 1923,
Applied Industrial Technologies is a leading industrial distributor
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 and fluid power shop
services. Applied also offers maintenance training and inventory
management solutions that provide added value to its customers. For
more information, visit www.applied.com.
CONTACT INFORMATION
INVESTOR RELATIONS
Mark O. Eisele
Vice President – Chief Financial Officer & Treasurer
216-426-4417
CORPORATE & MEDIA RELATIONS
Julie A. Kho
Manager, Public Relations
216-426-4483
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