Acuity Brands (AYI) Cheers Investors With 15% Dividend Hike

Acuity Brands, Inc. (AYI) rewarded investors with a 15.4% hike in its quarterly cash dividend payments.The board of directors of this manufacturer and distributor of lighting fixtures and related components approved a quarterly dividend payout of 15 cents per share (60 cents per share annually), up from the previous dividend payout of 13 cents per share (52 cents per share annually). The amount will be paid out on Feb 14, 2024, to shareholders of record as of Feb 5. Based on the closing price of $239.10 per ...