Quarterly dividend increased from $0.195 to $0.22 per common share
NEW YORK, Dec. 05, 2022 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of integrated facility services and solutions, today announced that its Board of Directors has approved a quarterly cash dividend of $0.22 per common share, which is a 12.8% increase from the prior quarterly cash dividend of $0.195 per common share, payable on February 6, 2023, to shareholders of record on January 5, 2023. This will be the Company’s 227th consecutive quarterly cash dividend.
Sudhakar Kesavan, Chairman of the Board of Directors of ABM, commented, “This dividend increase reflects ABM’s growth and the Board’s confidence in the company’s ability to continue to deliver solid results and cash flows. The increase also represents a jumpstart of ABM’s plan to grow its dividend payout ...