Acuity, Inc. (AYI) To Go Ex-Dividend on July 17th

Acuity, Inc. (NYSE:AYI) announced a quarterly dividend on Wednesday, June 24th. Stockholders of record on Friday, July 17th will be paid a dividend of 0.20 per share by the electronics maker on Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, July 17th.

Acuity has raised its dividend by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 3 consecutive years. Acuity has a dividend payout ratio of 4.2% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Acuity to earn $20.25 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 4.0%.

Acuity Stock Performance

Shares of NYSE:AYI opened at $327.84 on Wednesday. The company has a current ratio of 2.05, a quick ratio of 1.47 and a debt-to-equity ratio of 0.24. Acuity has a 12 month low of $257.04 and a 12 month high of $380.17. The company has a market capitalization of $9.82 billion, a price-to-earnings ratio of 21.74, a PEG ratio of 1.78 and a beta of 1.27. The firm’s 50-day moving average is $311.78 and its 200 day moving average is $306.16.

Acuity (NYSE:AYI) last released its earnings results on Thursday, June 25th. The electronics maker reported $5.31 EPS for the quarter, beating analysts’ consensus estimates of $5.17 by $0.14. Acuity had a return on equity of 20.26% and a net margin of 10.25%.The firm had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.18 billion. During the same quarter in the prior year, the firm posted $5.12 earnings per share. The company’s quarterly revenue was up 1.6% on a year-over-year basis. Research analysts predict that Acuity will post 18.28 EPS for the current year.

Acuity Company Profile

Acuity Brands, Inc (NYSE: AYI) is a leading provider of lighting fixtures, controls and building management solutions designed for commercial, institutional, industrial and residential markets. The company’s core offerings include a broad range of LED luminaires, lighting controls, sensors and networked building systems that enhance energy efficiency, occupant comfort and operational productivity. Acuity Brands’ portfolio spans indoor and outdoor lighting fixtures, emergency lighting, task lighting and architectural products, as well as advanced controls such as daylight harvesting, occupancy sensing and wireless sensor networks.

Beyond traditional lighting, Acuity Brands delivers integrated digital solutions through its Connected Building platform, which combines smart sensors, cloud-based analytics and mobile applications to enable real-time monitoring and remote management of lighting and environmental systems.