ABM Industries Maintains Royal Dividend Status With 9.4% Increase

Dow Jones

Dec 17

By Colin Kellaher

ABM Industries' board has raised the quarterly dividend by 9.4%, to 29 cents from 26.5 cents, making it 58 straight years that the provider of facility solutions has boosted its payout.

The new quarterly rate, equal to $1.16 a year, represents an annual yield of about 2.54% based on Tuesday's closing price of $45.74, up from 2.32%.

The dividend increase maintains ABM's place on the list of 56 dividend kings--companies that have boosted their dividends annually for at least half a century.

The New York company on Wednesday said the increased dividend is payable Feb. 2 shareholders of record Jan. 14.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

December 17, 2025 07:45 ET (12:45 GMT)

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