Applied Industrial Technologies Chairman & Chief Executive Officer David L. Pugh today announced that the Company's Board of Directors has declared a quarterly cash dividend of $0.15 per common share, payable on August 31, 2009, to shareholders of record on August 14, 2009.

Applied will announce its fourth quarter and year-end results on the morning of Friday, August 7, 2009, and will also host its conference call for investors and analysts at 1 p.m. ET that same day.

Applied will hold its Annual Meeting of Shareholders on Tuesday, October 20, 2009, 10 a.m. ET, at its Corporate Headquarters, 1 Applied Plaza (E. 36th & Euclid Avenue), Cleveland, Ohio. August 24, 2009, is the record date for determining shareholders entitled to notice of and to vote at the Annual Meeting.

With approximately 470 facilities and 5,000 employee associates across North America, Applied Industrial Technologies is an industrial distributor that offers more than 3 million parts critical to the operations of 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.