Acuity Brands Announces Increase in Quarterly Dividend

Rhea-AI Summary

Acuity Brands (NYSE: AYI) has announced a 13% increase in its quarterly dividend, raising it to 17 cents per share from the previous 15 cents per share. The dividend will be paid on February 14, 2025, to shareholders of record as of February 3, 2025. This decision was approved by the company's Board of Directors, demonstrating the market-leading industrial technology company's commitment to shareholder returns.

Positive

• 13% increase in quarterly dividend payout
• Demonstrates financial strength and commitment to shareholder returns

Negative

• None.

Atlanta, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) (the “Company”), a market leading industrial technology company, today announced that its Board of Directors (the “Board”) increased its quarterly dividend by 13 percent to 17 cents per share from 15 cents per share. The dividend is payable on February 14, 2025, to shareholders of record on February 3, 2025.  

About Acuity Brands 

Acuity Brands, Inc. (NYSE: AYI) is a market-leading industrial technology company. We use technology to solve problems in spaces, light, and more things to come. Through our two business segments, Acuity Brands Lighting and Acuity Intelligent Spaces, we design, manufacture, and bring to market products and services that make a valuable difference in people’s lives. 

We achieve growth through the development of innovative new products and services, including lighting, lighting controls, building management solutions, and an audio, video and control platform. We achieve customer-focused efficiencies that allow us to increase market share and deliver superior returns. We look to aggressively deploy capital to grow the business and to enter attractive new verticals.

Acuity Brands, Inc. is based in Atlanta, Georgia, with operations across North America, Europe, and Asia. The Company is powered by approximately 13,000 dedicated and talented associates.  Visit us at www.acuitybrands.com  

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Investor Contact: 
Charlotte McLaughlin 
Vice President, Investor Relations 
(404) 853-1456 
investorrelations@acuitybrands.com 

Media Contact:  
April Appling 
Vice President, Corporate Communications & Events 
corporatecommunications@acuitybrands.com  

FAQ

What is Acuity Brands' (AYI) new quarterly dividend amount for 2025?

Acuity Brands' new quarterly dividend is 17 cents per share, representing a 13% increase from the previous 15 cents per share.

When will Acuity Brands (AYI) pay its increased dividend in February 2025?

The increased dividend will be paid on February 14, 2025, to shareholders of record as of February 3, 2025.

By what percentage did Acuity Brands (AYI) increase its quarterly dividend in 2025?

Acuity Brands increased its quarterly dividend by 13%, from 15 cents to 17 cents per share.

What is the record date for Acuity Brands' (AYI) February 2025 dividend?

The record date for Acuity Brands' February 2025 dividend is February 3, 2025.