Acuity Brands Declares Quarterly Dividend
Rhea-AI Summary
Acuity Brands, Inc. (NYSE: AYI) has announced a quarterly dividend declaration. The Board of Directors has approved a dividend of 15 cents per share, which will be paid on November 1, 2024. Shareholders who are on record as of October 18, 2024, will be eligible to receive this dividend payment.
This announcement demonstrates the company's commitment to returning value to its shareholders through regular dividend distributions. The declaration of a quarterly dividend can be seen as a positive sign of the company's financial stability and confidence in its future performance.
Positive
- Regular dividend payment indicates financial stability
- Consistent shareholder value return through dividends
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, AYI gained 0.10%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Atlanta, Sept. 26, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Acuity Brands, Inc. (NYSE: AYI; "Company") today declared a quarterly dividend of 15 cents per share. The dividend is payable on November 1, 2024, to shareholders of record on October 18, 2024.
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 Lighting Controls (ABL) and the Intelligent Spaces Group (ISG), 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 location-aware applications. 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 more than 12,000 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
FAQ
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