Acuity Brands Declares Quarterly Dividend

Rhea-AI Summary

Acuity Brands (NYSE: AYI) announced a quarterly dividend of 13 cents per share, payable on August 2, 2021, to shareholders of record by July 16, 2021. The company, known for its innovative products in industrial technology, aims to enhance productivity through building management systems and lighting solutions. Acuity Brands focuses on growth via new product development and operational efficiencies to increase market share.

Positive

• Quarterly dividend of 13 cents per share boosts shareholder income.
• Focus on innovation supports potential for growth in market share.

Negative

• None.

Atlanta, June 25, 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 August 2, 2021 to shareholders of record on July 16, 2021.

About Acuity Brands

Acuity Brands, Inc. (NYSE: AYI) is a market-leading industrial technology company. The Company designs, manufactures, and brings to market products and services that make the world more brilliant, productive, and connected including building management systems, lighting, lighting controls, and location-aware applications. Acuity Brands achieves growth through the development of innovative new products and services.

Through the Acuity Business System, 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 11,000 dedicated and talented associates. Visit us at www.acuitybrands.com.

# # # #

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 declared a quarterly dividend of 13 cents per share.

When is the dividend payment date for AYI?

The dividend is payable on August 2, 2021.

What is the record date for AYI's dividend?

The record date for the dividend is July 16, 2021.

How does Acuity Brands plan to grow its business?

Acuity Brands aims to grow through the development of innovative products and leveraging operational efficiencies.