Acuity Brands Declares Quarterly Dividends

Rhea-AI Summary

Acuity Brands, Inc. (NYSE: AYI) declared a quarterly dividend of 13 cents per share, payable on November 1, 2022, to shareholders of record on October 17, 2022. This decision reflects the company's ongoing commitment to returning value to shareholders. Acuity Brands, a leader in industrial technology, operates in two segments: Acuity Brands Lighting and Intelligent Spaces Group. The company focuses on innovation in lighting and building management systems, aiming to increase market share and deliver superior returns.

Positive

• Quarterly dividend of 13 cents per share indicates strong cash flow and shareholder returns.
• Commitment to growth through innovative product development enhances market position.

Negative

• None.

Atlanta, Sept. 29, 2022 (GLOBE NEWSWIRE) -- ATLANTA, September 29, 2022 - 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 November 1, 2022, to shareholders of record on October 17, 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 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 AYI?

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

When is the AYI dividend payment date?

The AYI dividend is payable on November 1, 2022.

What is the record date for the AYI dividend?

Shareholders must be on record by October 17, 2022, to receive the AYI dividend.

What sectors does Acuity Brands operate in?

Acuity Brands operates in the lighting and intelligent spaces sectors.