Acuity Brands Declares Quarterly Dividend
The Board of Directors of Acuity Brands (NYSE: AYI) has declared a quarterly dividend of 13 cents per share.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
The Board of Directors of Acuity Brands (NYSE: AYI) has declared a quarterly dividend of 13 cents per share.
This dividend is payable on May 3, 2021, to shareholders of record on April 16, 2021.
Acuity Brands continues to focus on innovative product development to drive growth and improve market share across its segments.
Positive
- Quarterly dividend of 13 cents per share enhances shareholder value.
- Focus on innovative products supports growth potential.
Negative
- None.
Details
News Market Reaction – AYI
The recorded move for AYI in the trading session of this news was +6.24%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Atlanta, March 25, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Acuity Brands, Inc. (NYSE: AYI; "Company") today declared a quarterly dividend of 13 cents per share. The dividend is payable on May 3, 2021 to shareholders of record on April 16, 2021.
About Acuity Brands
Acuity Brands, Inc. (NYSE: AYI) is a market-leading industrial technology company. The Company designs, manufactures, and brings to market products and services that make the world more brilliant, productive, and connected including building management systems, lighting, lighting controls, and location-aware applications. Acuity Brands achieves growth through the development of innovative new products and services.
Through the Acuity Business System, Acuity Brands achieves customer-focused efficiencies that allow the Company to increase market share and deliver superior returns. The Company looks to aggressively deploy capital to grow the business and to enter attractive new verticals.
Acuity Brands is based in Atlanta, Georgia, with operations across North America, Europe, and Asia. The Company is powered by approximately 11,000 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
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