Acuity Brands Declares Quarterly Dividend
Acuity Brands (NYSE: AYI) announced a quarterly dividend of 13 cents per share, payable on August 2, 2021, to shareholders of record by July 16, 2021.
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
Acuity Brands (NYSE: AYI) announced a quarterly dividend of 13 cents per share, payable on August 2, 2021, to shareholders of record by July 16, 2021. The company, known for its innovative products in industrial technology, aims to enhance productivity through building management systems and lighting solutions. Acuity Brands focuses on growth via new product development and operational efficiencies to increase market share.
Positive
- Quarterly dividend of 13 cents per share boosts shareholder income.
- Focus on innovation supports potential for growth in market share.
Negative
- None.
Details
News Market Reaction – AYI
The recorded move for AYI in the trading session of this news was -1.74%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Atlanta, June 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 August 2, 2021 to shareholders of record on July 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
investorrelations@acuitybrands.com
FAQ
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