ABM Industries Boosts Quarterly Dividend by 14%.SAN FRANCISCO--(BUSINESS WIRE)--Dec. 17, 1996--The Board of Directors of ABM Industries ABM Industries Incorporated NYSE: ABM is an American corporation involved in outsourced, building maintenance. Divisions include ABM Janitorial, Ampco System Parking, ABM Engineering, American Commercial Security (ACSS), Security Services of America (SSA), Amtech Lighting, and Inc. (NYSE NYSE See: New York Stock Exchange :ABM ABM: see guided missile. ABM - Asynchronous Balanced Mode ) today declared an all-time high quarterly cash dividend of $0.10 per common share for payment on Feb. 5, 1997, to stockholders of record on Jan. 15, 1997. This will be ABM's 124th consecutive quarterly cash dividend, and is 14% greater than the previous quarter's cash dividend of $0.0875 per share. Just yesterday, ABM announced a 14% increase in annual earnings per share from $0.92 in 1995 to $1.05 for the fiscal year ended Oct. 31, 1996. With more than 45,000 employees and annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. revenues in excess of $1 billion, ABM is the largest American-based facility services contractor listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . ABM provides air conditioning, elevator, engineering, janitorial, lighting, parking and security services to thousands of commercial, industrial and institutional facilities in hundreds of cities across the United States. For further information, please contact our executive vice president, Martinn Mandles, at 213/879-7000. CONTACT: ABM Industries Inc. Martinn Mandles, 213/879-7000 |
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