Dividend Information on ABM Industries: Key Insights Before the Jul 3, 2025 Ex-Dividend Date

ABM Industries is set to issue a cash dividend of $0.265 per share, with an ex-dividend date of Jul 3, 2025. The announcement was made on Jun 6, 2025, and the dividend will be paid on Aug 4, 2025. Notably, this dividend aligns with the company's last payout on May 5, 2025, which was also $0.265 per share. This amount is significantly higher than the average of the last ten dividends, which stood at approximately $0.170 per share. The consistent dividend rate indicates stable financial performance.

Recently, ABM Industries has been the subject of several noteworthy developments. Over the past week, analysts raised ABM's target stock price to $47.00, reflecting a positive outlook on its market performance. The company's stock was trading at $46.38 as of late June, signifying investor confidence. Furthermore, ABM's revenue for 2024 reached $8.36 billion, marking a 3.25% increase from the previous year. However, the company's earnings stood at $81.40 million, suggesting areas for potential improvement.

In other recent news, ABM announced a new five-year partnership with Miami-Dade County, expected to bolster its presence in the infrastructure sector. This strategic move is anticipated to enhance ABM's operational capabilities and market reach. Lastly, as of Jun 6, 2025, technical analysis indicates that ABM Industries is experiencing a mildly bearish trend, driven by bearish momentum from weekly MACD and daily moving averages. Investors are advised to consider these factors when evaluating ABM's stock potential.

ABM Industries continues to demonstrate resilience and strategic growth, as evidenced by its stable dividend payouts and recent business developments. Investors should note that Jul 3, 2025, is the last opportunity to purchase shares and qualify for the upcoming dividend. Any acquisitions made after this date will not be eligible for the current dividend distribution.