Applied Industrial TechnologiesFRA:AT4 +1.53%88 Dividend Payout Ratio is 0.19 as of Mar. 2026, which is 32% below its 10-year median of 0.28. GuruFocus rates FRA:AT4 with a GF Score™ of 88/100 and a GF Value™ of €217.86 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 96 Industrial Distribution companies, Applied Industrial Technologies ranks better than 88.54% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Applied Industrial Technologies's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.19.
The historical rank and industry rank for Applied Industrial Technologies's Dividend Payout Ratio or its related term are showing as below:
FRA:AT4'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.28 Max: 0.63
Current: 0.18
During the past 13 years, the highest Dividend Payout Ratio of Applied Industrial Technologies was 0.63. The lowest was 0.15. And the median was 0.28.
FRA:AT4's Dividend Payout Ratio is ranked better than 88.54% of 96
companies
in the Industrial Distribution industry
Industry Median: 0.42
vs FRA:AT4: 0.18
During the past 13 years, the highest Trailing Annual Dividend Yield of Applied Industrial Technologies was 3.52%. The lowest was 0.53%. And the median was 1.42%.
During the past 12 months, Applied Industrial Technologies's average Dividends Per Share Growth Rate was 20.40% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 7.40% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 5.00% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 4.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Applied Industrial Technologies was 31.10% per year. The lowest was 0.00% per year. And the median was 7.40% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Applied Industrial Technologies (FRA:AT4) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Applied Industrial Technologies Dividend Payout Ratio Related Terms
Applied Industrial Technologies Dividend Payout Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Applied Industrial Technologies Dividend Payout Ratio Chart
FRA:AT4 vs QXO, CNM, WSO: Dividend Payout Ratio Comparison
For the Industrial Distribution subindustry, Applied Industrial Technologies's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Applied Industrial Technologies Dividend Payout Ratio vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Applied Industrial Technologies's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Applied Industrial Technologies's Dividend Payout Ratio falls into.
Applied Industrial Technologies Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Applied Industrial Technologies (FRA:AT4) has a Dividend Payout Ratio of 0.19 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Applied Industrial Technologies and its competitors. This is 32% below median its historical median of 0.28. Over the past decade, Applied Industrial Technologies' Dividend Payout Ratio has ranged from 0.15 to 0.63. According to the industry distribution chart, Applied Industrial Technologies ranks #11 out of 96 companies in the Industrial Distribution industry, placing it in the top 11.5%.
Is Applied Industrial Technologies' Dividend Payout Ratio too high?
Applied Industrial Technologies' current Dividend Payout Ratio of 0.19 is 32% below median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.63. The Industrial Distribution industry median Dividend Payout Ratio is 0.42. Applied Industrial Technologies' value of 0.19 is 54.8% below this industry median. Based on the distribution chart, Applied Industrial Technologies ranks #11 out of 96 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Applied Industrial Technologies has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Industrial Technologies' Dividend Payout Ratio compare to QXO and CNM?
According to the Industrial Distribution industry distribution chart, Applied Industrial Technologies ranks #11 out of 96 companies for Dividend Payout Ratio. This places Applied Industrial Technologies in the top 12% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.42. Applied Industrial Technologies' value of 0.19 is 54.8% below this benchmark. Historically, Applied Industrial Technologies' own Dividend Payout Ratio has ranged from 0.15 to 0.63 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 0.42, Applied Industrial Technologies has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Industrial Distribution company?
The median Dividend Payout Ratio among Industrial Distribution companies is 0.42, based on 96 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Applied Industrial Technologies's current Dividend Payout Ratio of 0.19 is 54.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Applied Industrial Technologies and its competitors. For the Industrial Distribution industry, the median Dividend Payout Ratio is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied Industrial Technologies's current Dividend Payout Ratio is 0.19, which is 32% below median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Industrial Technologies stock overvalued right now?
Based on GuruFocus' analysis, Applied Industrial Technologies (FRA:AT4) is currently considered Modestly Overvalued. The stock's GF Value™ is €217.86, compared to a current price of €278.60 — trading 27.9% above its estimated fair value. The current Dividend Payout Ratio is 0.19, which is 32% below median its 10-year median of 0.28 and 54.8% below the Industrial Distribution industry median of 0.42. Applied Industrial Technologies' overall GF Score™ is 88/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Applied Industrial Technologies (FRA:AT4), the current Dividend Payout Ratio is 0.19 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Applied Industrial Technologies (FRA:AT4) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Industrial Technologies stock appears to be overvalued.
The current stock price of €278.60 is trading 27.9% above its estimated GF Value™ of €217.86.
GuruFocus considers Applied Industrial Technologies to be Modestly Overvalued.
Key valuation signals for FRA:AT4:
Dividend Payout Ratio: 0.19 (32% below median its 10-year median of 0.28)
GF Value™: €217.86 vs. price of €278.60 (27.9% above fair value)
Industry Position: 54.8% below the Industrial Distribution median (#11 of 96)
No single metric tells the full story. See the FRA:AT4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied Industrial Technologies Business Description
Applied Industrial Technologies Inc is a distributor of industrial products to the maintenance, repair, and operations market and the original equipment manufacturing industry. Further, the company provides engineering and design services for industrial and fluid power applications. The products include bearings, power transmission components, fluid power components and systems, industrial rubber products, linear motion components, safety products, oilfield supplies, and other industrial and maintenance supplies. The company's reportable segments are; Service Center Based Distribution which derives key revenue, and Engineered Solutions. Geographically, the company derives its key revenue from the United States and the rest from Canada and other countries.
88GF Score
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