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ABM sustains higher dividend.


SAN FRANCISCO--(BUSINESS WIRE)--March 21, 1995--The board of directors of ABM Industries 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 $0.15 per common share for payment on May 3, 1995, to stockholders of record on April 13, 1995.

This will be ABM's 117th consecutive quarterly cash dividend, and is 15 percent greater than the second quarter cash dividend of $0.13 per share in 1994.

With more than 42,000 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 $900 million, ABM is the largest American-owned building service 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 in the United States and Canada.

CONTACT: ABM Industries Inc.

Ellie Walsh, 415/597-4500
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 21, 1995
Words:137
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