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Stock impact report

ABM Increases Dividend 18%

ABM Industries Incorporated (ABM) 
Last abm industries incorporated earnings: 3/4 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.abm.com/investor-relations
Company Research Source: GlobeNewswire
NEW YORK, Dec. 05, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, today announced that its Board of Directors has approved a quarterly cash dividend of $0.265 per common share, which is a 18% increase from the prior quarterly cash dividend of $0.225 per common share. The increased dividend is payable on February 3, 2025, to shareholders of record on January 2, 2025. This will be the Company’s 235th consecutive quarterly cash dividend and represents the 57th consecutive year of ABM raising its dividend. Sudhakar Kesavan, Chairman of the Board of Directors of ABM, commented, “This dividend increase reflects the Board’s continued confidence in ABM’s growth trajectory, strategic vision, and philosophy of balanced capital allocation.” “I am pleased the Board of Directors has approved our dividend increase,” said Scott Salmirs, ABM’s President & Chief Executive Officer. “This puts us on a solid path to achieve our long-term dividend payout ratio targ Show less Read more
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