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Acuity (AYI) Approves $0.20 Dividend as Capital Allocation Confidence Grows
Yahoo Finance· 2026-02-25 02:29
We recently published an article titled 13 Best Internet of Things (IoT) Stocks to Buy Now. On January 22, the board of directors of Acuity Inc. (NYSE:AYI) approved a 17% increase in the quarterly dividend to $0.20 per share from $0.17 per share. The dividend is payable on February 13 to shareholders of record as of February 2, underscoring management’s confidence in the company’s cash flow generation and capital allocation framework. On January 12, Morgan Stanley analyst Christopher Snyder reduced the ...