Achieving Growth and Investor Rewards: ABM Indus Flourishes with Strong Performance and Rising Profits

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By the end of today, November 06, 2023, ABM Indus ABM is set to deliver a dividend payout of $0.22 per share, equating to an annualized dividend yield of 1.96%. Shareholders who owned the stock prior to the ex-dividend date on October 04, 2023 will receive this payout.

ABM Indus Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2023-10-04 4 $0.22 1.96% 2023-09-07 2023-10-05 2023-11-06
2023-07-05 4 $0.22 1.94% 2023-06-06 2023-07-06 2023-08-07
2023-04-05 4 $0.22 1.84% 2023-03-08 2023-04-06 2023-05-01
2023-01-04 4 $0.22 1.9% 2022-12-05 2023-01-05 2023-02-06
2022-10-05 4 $0.2 1.69% 2022-09-09 2022-10-06 2022-11-07
2022-07-06 4 $0.2 1.56% 2022-06-08 2022-07-07 2022-08-01
2022-04-06 4 $0.2 1.71% 2022-03-08 2022-04-07 2022-05-02
2022-01-05 4 $0.2 1.7% 2021-12-15 2022-01-06 2022-02-07
2021-10-06 4 $0.19 1.61% 2021-09-08 2021-10-07 2021-11-01
2021-06-30 4 $0.19 1.57% 2021-06-08 2021-07-01 2021-08-02
2021-03-31 4 $0.19 1.59% 2021-03-09 2021-04-01 2021-05-03
2021-01-06 4 $0.19 1.85% 2020-12-16 2021-01-07 2021-02-01

ABM Indus's dividend yield falls in the middle range when compared to its industry peers, with Aris Water Solutions ARIS having the highest annualized dividend yield at 3.76%.

Analyzing ABM Indus Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

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YoY Growth in Dividend Per Share

As you can see, from 2019 to 2022, investors saw an average increase in the company's dividend per share, rising from $0.72 in 2019 to $0.81 in 2022. This is good for investors because it shows that the company has steadily returned more capital back to their shareholders and it could mean that they are planning to continue increasing dividends.

YoY Earnings Growth For ABM Indus

The earnings chart above shows that from 2019 to 2022, ABM Indus has experienced an increase in their earnings from $2.04 per share to $3.66 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.

Recap

This article takes an in-depth look at ABM Indus's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.22 per share today, translating to an annualized dividend yield of 1.96%.

ABM Indus's dividend yield falls in the middle range when compared to its industry peers, with Aris Water Solutions having the highest annualized dividend yield at 3.76%.

The increase in both dividend per share and earnings per share from 2019 to 2022 for ABM Indus indicates a positive financial trend, suggesting their capacity to continue distributing profits to shareholders.

Keeping a close watch on the company's performance in the coming quarters will enable investors to stay abreast of any modifications in financials or dividend disbursements.

\To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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