Why Income Investors Shouldn’t Overlook A. O. Smith Corporation (AOS) When Searching for Cheap Dividend Stocks

A. O. Smith Corporation (NYSE:AOS) is included among the 13 Incredibly Cheap Dividend Stocks to Invest in.

Why Income Investors Shouldn’t Overlook A. O. Smith Corporation (AOS) When Searching for Cheap Dividend Stocks

A. O. Smith Corporation (NYSE:AOS) ranks among the biggest producers of residential and commercial water heaters, boilers, and water treatment systems in North America. Its products reach customers through an extensive distribution network, supported by long-standing partnerships such as its relationship with Lowe’s.

Currently, A. O. Smith Corporation (NYSE:AOS) is focused on strengthening its market position in North America, advancing energy-efficient technologies, and expanding its presence in international markets like China and India. Its long-term performance relies on controlling raw material costs, broadening its product lineup with innovations like high-efficiency water heaters, and sustaining strong distribution ties both at home and abroad.

A. O. Smith Corporation (NYSE:AOS) is one of the best dividend stocks with 32 consecutive years of dividend growth under its belt. The company currently offers a quarterly dividend of $0.34 per share and has a dividend yield of 1.86%, as of September 19.

While we acknowledge the potential of AOS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AOS and that has a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None.