Acuity Brands Declares Quarterly Dividend

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 set to be paid on August 1, 2022, to shareholders on record as of July 15, 2022. Acuity Brands is a leader in industrial technology, focusing on lighting and building management solutions. The company aims to increase market share and improve returns through innovation and customer-focused efficiencies.

Positive

• Quarterly dividend of 13 cents per share declared, providing income to shareholders.
• Focus on innovation and market expansion to enhance growth.

Negative

• None.

Atlanta, June 29, 2022 (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 1, 2022, to shareholders of record on July 15, 2022.

About Acuity Brands
Acuity Brands, Inc. (NYSE: AYI) is a market-leading industrial technology company. We use technology to solve problems in spaces and light. 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 systems, and location-aware applications.

Acuity Brands, Inc. 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, Inc. is based in Atlanta, Georgia, with operations across North America, Europe, and Asia. The Company is powered by approximately 13,500 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

What is the dividend amount declared by Acuity Brands (AYI)?

Acuity Brands (AYI) declared a quarterly dividend of 13 cents per share.

When is the dividend payment date for AYI shareholders?

The dividend payment date for AYI shareholders is August 1, 2022.

When is the record date for the AYI dividend?

The record date for the AYI dividend is July 15, 2022.

How often does Acuity Brands pay dividends?

Acuity Brands typically pays dividends quarterly.

Is the dividend from Acuity Brands sustainable?

The sustainability of the dividend can be evaluated based on the company's financial performance and growth strategy.