ABM Increases Dividend 18%
ABM announced an 18% increase in its quarterly cash dividend to $0.265 per common share, up from $0.225. The dividend will be payable on February 3, 2025, to shareholders of record on January 2, 2025. This marks the company's 235th consecutive quarterly dividend and 57th consecutive year of dividend increases. The Board's decision reflects confidence in ABM's growth trajectory and strategic vision. The company aims to achieve a long-term dividend payout ratio of approximately 30% of adjusted net income while maintaining its ability to invest in business growth.
ABM ha annunciato un incremento dell'18% del suo dividendo in contante trimestrale a $0.265 per azione ordinaria, rispetto a $0.225. Il dividendo sarà pagabile il 3 febbraio 2025 agli azionisti registrati il 2 gennaio 2025. Questo segna il 235° dividendo trimestrale consecutivo dell'azienda e il 57° anno consecutivo di aumenti del dividendo. La decisione del Consiglio riflette la fiducia nella traiettoria di crescita di ABM e nella sua visione strategica. L'azienda mira a raggiungere un rapporto di distribuzione del dividendo a lungo termine di circa il 30% del reddito netto rettificato, pur mantenendo la capacità di investire nella crescita aziendale.
ABM anunció un incremento del 18% en su dividendo en efectivo trimestral a $0.265 por acción común, en comparación con $0.225. El dividendo se pagará el 3 de febrero de 2025 a los accionistas registrados el 2 de enero de 2025. Esto marca el 235º dividendo trimestral consecutivo de la compañía y el 57º año consecutivo de aumentos en el dividendo. La decisión de la Junta refleja confianza en la trayectoria de crecimiento de ABM y en su visión estratégica. La empresa tiene como objetivo lograr una relación de pago de dividendos a largo plazo de aproximadamente el 30% del ingreso neto ajustado, manteniendo al mismo tiempo su capacidad para invertir en el crecimiento del negocio.
ABM은 분기 현금 배당금을 18% 증가시켜 보통주 1주당 $0.265로, 기존의 $0.225에서 인상했다고 발표했습니다. 배당금은 2025년 2월 3일에 지급되며, 2025년 1월 2일에 기록된 주주에게 지급됩니다. 이는 회사의 235번째 연속 분기 배당금이자 57번째 연속 배당금 인상을 의미합니다. 이사회 결정은 ABM의 성장 경로와 전략적 비전에 대한 신뢰를 반영합니다. 이 회사는 조정된 순이익의 약 30%에 해당하는 장기 배당금 지급 비율을 달성하면서 비즈니스 성장에 투자할 수 있는 능력을 유지하는 것을 목표로 하고 있습니다.
ABM a annoncé une augmentation de 18% de son dividende trimestriel en espèces à 0,265 $ par action ordinaire, contre 0,225 $. Le dividende sera payable le 3 février 2025 aux actionnaires inscrits le 2 janvier 2025. Cela marque le 235e dividende trimestriel consécutif de la société et le 57e année consécutive d'augmentations de dividendes. La décision du Conseil reflète la confiance dans la trajectoire de croissance d'ABM et sa vision stratégique. L'entreprise vise à atteindre un ratio de distribution des dividendes à long terme d'environ 30 % du bénéfice net ajusté tout en maintenant sa capacité à investir dans la croissance des affaires.
ABM hat eine 18%ige Erhöhung seiner vierteljährlichen Bardividende auf 0,265 $ pro Stammaktie bekannt gegeben, im Vergleich zu 0,225 $. Die Dividende wird am 3. Februar 2025 an die Aktionäre ausgezahlt, die am 2. Januar 2025 im Aktienregister stehen. Dies markiert die 235. aufeinanderfolgende vierteljährliche Dividende des Unternehmens und das 57. aufeinanderfolgende Jahr von Dividendenerhöhungen. Die Entscheidung des Vorstands spiegelt das Vertrauen in die Wachstumskurve von ABM und seine strategische Vision wider. Das Unternehmen strebt eine langfristige Dividendenquote von etwa 30% des bereinigten Nettoergebnisses an, während es gleichzeitig die Fähigkeit zur Investition in das Unternehmenswachstum aufrechterhält.
- 18% increase in quarterly dividend to $0.265 per share
- 57 consecutive years of dividend increases demonstrates financial stability
- 235th consecutive quarterly dividend payment shows consistent shareholder returns
- Strong cash generation ability supporting both dividends and business investment
- None.
Quarterly dividend increased to
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
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 target of around
ABOUT ABM
ABM (NYSE: ABM) is one of the world’s largest providers of integrated facility services. A driving force for a cleaner, healthier, and more sustainable world, ABM provides essential services that improve the spaces and places that matter most. From curbside to rooftop, ABM offers a comprehensive array of facility services that include janitorial, engineering, parking, electrical & lighting, energy solutions, HVAC & mechanical, landscape & turf, and mission critical solutions. ABM delivers these custom facility solutions to properties across a wide range of industries – from commercial office buildings to schools, airports, hospitals, data centers, manufacturing plants and distribution centers, entertainment venues and more. Founded in 1909, ABM today has annualized revenue exceeding
Contact:
Investor Relations:
Paul Goldberg
212-297-9721
ir@abm.com
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