ABM dividend sets record.SAN FRANCISCO--(BUSINESS WIRE)--March 18, 1997--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 a second quarter cash dividend of $0.10 per common share for payment on May 5, 1997, to stockholders of record on April 15, 1997. This will be ABM's 125th consecutive quarterly cash dividend, and is 14% greater than the second quarter cash dividend of $.0875 per share in 1996. Last week, ABM reported record first quarter revenues, net income and earnings per share for the first three months ended Jan. 31, 1997. ABM is the largest American-owned facility services contractor 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. . With more than 47,000 employees and revenues in excess of $1 billion, ABM provides air conditioning air conditioning, mechanical process for controlling the humidity, temperature, cleanliness, and circulation of air in buildings and rooms. Indoor air is conditioned and regulated to maintain the temperature-humidity ratio that is most comfortable and healthful. , elevator, engineering, janitorial, lighting, parking and security services to thousands of commercial, industrial and institutional customers in hundreds of communities nationwide. The ABM Family of Services includes American Building Maintenance, Ampco System Parking, American Commercial Security, Amtech Elevator, Amtech Lighting, ABM Engineering, CommAir Mechanical and Easterday Janitorial Supply. CONTACT: ABM Industries Inc. Martinn Mandles, 213/879-7000 abmindinc@aol.com |
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