ABM Industries Incorporated (NYSE:ABM) Plans $0.29 Quarterly Dividend

ABM Industries Incorporated (NYSE:ABM) declared a quarterly dividend on Tuesday, September 8th. Investors of record on Thursday, October 1st will be given a dividend of 0.29 per share by the business services provider on Monday, November 2nd. This represents a c) dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Thursday, October 1st.

ABM Industries has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 59 years. ABM Industries has a payout ratio of 28.2% indicating that its dividend is sufficiently covered by earnings. Research 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 Trading Up 7.8%

NYSE:ABM traded up $3.66 on Tuesday, reaching $50.71. The company’s stock had a trading volume of 1,019,344 shares, compared to its average volume of 549,333. ABM Industries has a 12-month low of $36.96 and a 12-month high of $50.95. The stock has a 50 day moving average price of $46.99 and a 200 day moving average price of $43.13. The firm has a market cap of $2.97 billion, a price-to-earnings ratio of 19.51, a price-to-earnings-growth ratio of 1.23 and a beta of 0.68. 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 (NYSE:ABM) last posted its earnings results on Tuesday, September 8th. The business services provider reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.03. ABM Industries had a net margin of 1.75% and a return on equity of 11.84%. The company had revenue of $2.32 billion for the quarter, compared to analysts’ expectations of $2.32 billion. During the same quarter in the prior year, the company posted $0.82 earnings per share. ABM Industries’s revenue for the quarter was up 4.2% compared to the same quarter last year. ABM Industries has set its FY 2026 guidance at 3.950-4.100 EPS. On average, equities analysts anticipate that ABM Industries will post 3.97 EPS for the current fiscal year.

ABM Industries News Summary

Here are the key news stories impacting ABM Industries this week:

• Positive Sentiment: Earnings beat expectations: Fiscal Q3 adjusted EPS rose 27% year over year to $1.04, exceeding the $1.01 consensus estimate. Revenue increased 4.2% to a quarterly record of approximately $2.32 billion, in line with expectations. ABM Industries Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Profitability and cash flow improved: Net income increased 19% to $49.7 million, adjusted EBITDA grew 11% to $139.6 million, and quarterly free cash flow reached $128.4 million. The company also reported stronger year-to-date operating and free cash flow. ABM Reports Fiscal Third Quarter 2026 Results
• Positive Sentiment: Outlook raised: ABM increased its fiscal 2026 adjusted EPS guidance to $3.95-$4.10, raised the midpoint, and lifted operating and free-cash-flow expectations. The company also declared a dividend, supporting the shareholder-return outlook. ABM Industries Boosts FY26 Outlook and Declares Dividend
• Neutral Sentiment: Growth was balanced between 2.1% organic expansion and 2.1% acquisition-related growth. Analysts view broad segment growth, rising earnings expectations, and liquidity as positives, but margin pressure and competition remain risks. Why Investors Should Retain ABM Stock
• Negative Sentiment: An analyst survey cited a $47 average price target, below the recent trading level, suggesting valuation and upside may be more limited despite the favorable earnings report. ABM Receives $47 Average Price Target

About ABM Industries

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.