ABM Industries Incorporated (ABM) To Go Ex-Dividend on July 2nd

ABM Industries Incorporated (NYSE:ABM) announced a quarterly dividend on Thursday, June 4th. Shareholders of record on Thursday, July 2nd will be given a dividend of 0.29 per share by the business services provider on Monday, August 3rd. This represents a c) annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Thursday, July 2nd.

ABM Industries has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 59 years. ABM Industries has a payout ratio of 28.2% meaning its dividend is sufficiently covered by earnings. Analysts expect ABM Industries to earn $4.33 per share next year, which means the company should continue to be able to cover its $1.16 annual dividend with an expected future payout ratio of 26.8%.

ABM Industries Stock Performance

ABM opened at $44.81 on Tuesday. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 1.04. ABM Industries has a 12-month low of $36.96 and a 12-month high of $50.12. The business has a 50 day moving average of $41.41 and a 200-day moving average of $42.36. The stock has a market cap of $2.62 billion, a price-to-earnings ratio of 17.23, a PEG ratio of 1.19 and a beta of 0.71.

ABM Industries (NYSE:ABM) last released its quarterly earnings data on Friday, June 5th. The business services provider reported $0.90 EPS for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.02). The company had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.21 billion. ABM Industries had a return on equity of 11.84% and a net margin of 1.75%.The company’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same period last year, the firm earned $0.86 earnings per share. ABM Industries has set its FY 2026 guidance at 3.850-4.150 EPS. On average, equities research analysts expect that ABM Industries will post 3.97 earnings per share for the current year.

ABM Industries Company Profile

ABM Industries Incorporated is a leading provider of integrated facility services, offering a comprehensive suite of solutions designed to support the operation, maintenance and enhancement of commercial properties. The company’s core services include janitorial and custodial maintenance, HVAC and mechanical systems support, electrical and lighting solutions, and energy optimization. Additional offerings span parking management, security services, landscaping, and specialized support such as technical solutions and sustainability consulting.

Serving a diverse range of markets, ABM caters to clients in commercial real estate, aviation, healthcare, manufacturing, education, government entities, and technology campuses.