A O Smith Corp V.AOS

Primary Symbol: AOS

Industrials

A. O. Smith Corporation applies technologies and solutions to products manufactured and marketed worldwide. The Company operates through two segments: North America and Rest of World. Both the segments manufacture and market a comprehensive line of residential and commercial gas and electric water heaters, boilers, tanks, and water treatment products. Its Rest of World segment is primarily comprised of China, Europe, and India. The North America segment serves residential and commercial end markets with a range of products, including water heaters, boilers, water treatment products, and other. The Company also manufactures expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, related products and parts. Its Lochinvar brand is a residential and commercial boiler brand in the United States. Its water softener branded products and problem well water solutions include the Hague, Impact Water, Water-Right, Master Water, Atlantic Filter and Water Tec brands.

NYSE:AOS - Post by User

A O Smith Corp > Support for shareholder vote for 20 cent dividend

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Comment by brunton2bcon Dec 11, 2013 2:32am

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Post# 21993018

RE:RE:RE:RE:RE:Support for shareholder vote for 20 cent dividend

Wartberger is right in so far as the vast majority of votes would be against such a DISPERSAL
and thats what it would be...a disbursal...NOT a dividend.
Dividends are paid out from when a company earns money.
The 36 cents coming in is a compensation for an investment loss in Clearwater;
so its the company's money coming back to them only.

Logic would say that if there is 36 cents per share more in the company treasury then the stock valuation should rise accordingly. Well dream on, thats not the way the market works, especially for small venture exchange companys.

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