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AECOM (NYSE: ACM) declared a quarterly cash dividend of $0.18 per share, reflecting a 20% increase from the prior dividend of $0.15. This dividend is payable on January 20, 2023, to stockholders of record as of January 4, 2023. CEO Troy Rudd emphasized the company's commitment to returning cash flow to stockholders, highlighting nearly $500 million returned through share repurchases and dividends in fiscal 2022, supported by a strong balance sheet and growth strategy.
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Dividend increased by 20% to $0.18 per share.
Nearly $500 million returned to stockholders in fiscal 2022.
Strong balance sheet and growth strategy support dividend increase.
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None.
DALLAS--(BUSINESS WIRE)--
AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced that its Board of Directors has declared a quarterly cash dividend of $0.18 per share, representing an increase of 20% from its previous quarterly dividend of $0.15 per share as part of its ongoing quarterly dividend program. The dividend is payable on January 20, 2023 to stockholders of record as of the close of business on January 4, 2023.
“The increase in our quarterly dividend reaffirms our long-term plan to return substantially all available cash flow to stockholders, including by raising our dividend per share by double digits annually,” said Troy Rudd, AECOM’s chief executive officer. “The strength of our balance sheet, growth strategy and consistently strong performance allowed us to return nearly $500 million to stockholders through share repurchases and dividends in fiscal 2022 as we continue to maximize value for shareholders.”
About AECOM
AECOM is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, new energy and the environment, our public- and private-sector clients trust us to solve their most complex challenges. Our teams are driven by a common purpose to deliver a better world through our unrivaled technical and digital expertise, a culture of equity, diversity and inclusion, and a commitment to environmental, social and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of $13.1 billion in fiscal year 2022. See how we are delivering sustainable legacies for generations to come at aecom.com and @AECOM.
