Acuity Brands Announces New Quarterly Dividend for Shareholders

Author: Evelyn Baker Updated: 09-26-2024 04:59 PM

Acuity Brands Declares Quarterly Dividend

Acuity Brands, Inc. has declared a quarterly dividend, affirming its dedication to returning value to shareholders. The Board of Directors has approved a dividend payment of 15 cents per share. This payment is scheduled for November 1, allowing shareholders who are on record by October 18 to benefit from this decision.

Understanding Acuity Brands

Acuity Brands, Inc. (NYSE: AYI) is recognized as a leader in the industrial technology market. The company focuses on utilizing advanced technologies to address challenges across various sectors, particularly in lighting and intelligent spaces. Acuity Brands encompasses two main divisions: Acuity Brands Lighting and Lighting Controls (ABL), along with the Intelligent Spaces Group (ISG).

Innovation at the Core

Innovation drives the growth strategy at Acuity Brands. The company is committed to developing cutting-edge products and services that enhance the quality of life in different environments. Their portfolio includes innovative lighting solutions, advanced lighting controls, building management systems, and applications that are aware of user locations.

Strategic Growth Initiatives

The strategy of Acuity Brands involves focusing on customer needs and operational efficiencies. This approach not only helps them to increase market share but also to achieve higher returns on their investments. The company continuously seeks opportunities to invest in new verticals, enhancing its product offerings and penetrating diverse markets.

Global Presence and Workforce

Headquartered in Atlanta, Georgia, Acuity Brands operates extensively across North America, Europe, and Asia. This global reach is supported by a dedicated workforce of more than 12,000 associates, all working towards the common goal of providing innovative solutions and top-tier customer service.

Investor Relations Contact

For investors interested in more information regarding this quarterly dividend announcement or other inquiries, they can reach out to Charlotte McLaughlin, the Vice President of Investor Relations, at (404) 853-1456. Acuity Brands encourages engagement with their investor community to maintain transparency and provide timely updates.

Frequently Asked Questions

What is the amount of the quarterly dividend declared by Acuity Brands?

Acuity Brands has declared a quarterly dividend of 15 cents per share.

When will the dividend be paid?

The dividend is scheduled to be paid on November 1 to shareholders who are on record by October 18.

What sectors does Acuity Brands focus on?

Acuity Brands focuses on industrial technology, specifically in lighting and intelligent spaces.

How many employees does Acuity Brands have?

Acuity Brands has a dedicated workforce of over 12,000 associates worldwide.

Who should I contact for more information about the company's investor relations?

Investors can contact Charlotte McLaughlin, Vice President of Investor Relations, at (404) 853-1456 for inquiries.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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