Acuity Brands Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Acuity Brands (NYSE: AYI) declared a quarterly dividend of 13 cents per share, payable on November 1, 2021. This dividend is for shareholders on record as of October 15, 2021.

Acuity Brands operates through two segments: Acuity Brands Lighting and Intelligent Spaces Group, focusing on innovative products that improve productivity and connectivity. The company aims to increase market share and deliver superior returns through capital deployment and new growth opportunities.

Positive

• Quarterly dividend of 13 cents per share declared.
• Dividend demonstrates the company's commitment to returning value to shareholders.
• Focus on innovation and growth could enhance market share.

Negative

• None.

Atlanta, Sept. 28, 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 November 1, 2021, to shareholders of record on October 15, 2021.

About Acuity Brands

Acuity Brands, Inc. (NYSE: AYI) is a market-leading industrial technology company. Through its two business segments, Acuity Brands Lighting and Lighting Controls (ABL) and the Intelligent Spaces Group (ISG) the Company designs, manufactures, and brings to market products and services that make the world more brilliant, productive, and connected. Acuity Brands achieves growth through the development of innovative new products and services, including building management systems, lighting, lighting controls, and location-aware applications.

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 12,000 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

What is the dividend amount for AYI?

The dividend amount declared for AYI is 13 cents per share.

When is the AYI dividend payable?

The AYI dividend is payable on November 1, 2021.

What is the record date for the AYI dividend?

The record date for the AYI dividend is October 15, 2021.

How often does Acuity Brands pay dividends?

Acuity Brands pays dividends quarterly.

Is the AYI dividend sustainable?

The sustainability of the AYI dividend depends on the company's financial performance and growth strategy.