Acuity Brands Announces Increase in Quarterly Dividend

Core Viewpoint - Acuity Brands, Inc. has announced a 13% increase in its quarterly dividend, raising it from 15 cents to 17 cents per share, effective February 14, 2025 [1] Company Overview - Acuity Brands, Inc. is a market-leading industrial technology company focused on solving problems in spaces and lighting through innovative technology [2] - The company operates through two main segments: Acuity Brands Lighting and Acuity Intelligent Spaces, providing products and services that enhance people's lives [2] Growth Strategy - The company aims to achieve growth by developing innovative products and services, including lighting, lighting controls, and building management solutions [3] - Acuity Brands focuses on customer-centric efficiencies to increase market share and deliver superior returns [3] - The company plans to aggressively deploy capital to expand its business and enter attractive new verticals [3] Operational Footprint - Acuity Brands is headquartered in Atlanta, Georgia, with operations across North America, Europe, and Asia [4] - The company employs approximately 13,000 dedicated associates [4]