ABM Holdings Raises Dividend 3.85 Percent

ABM Industries (ABM), a facilities services company, raised its quarterly dividend to $0.135 per share from $0.13 per share, a 3.85 percent increase. The new dividend is payable February 1, 2010 to shareholders of record as of January 7, 2010.

ABM has increased its annual dividend every year since 1967. Since 1972, ABM has raised its annual dividend from $0.0208 to $0.52, a 9.09 percent annualized rate. ABM is a Dividend Achiever and U.S. Dividend Champion. See Dividend History for a table of dividends back to January 1972.

Its current dividend yield is 2.60 percent.

To get more performance information about ABM, use the buyupside.com Stock Return Calculator.

Use the buyupside.com Dividend Growth Rate Calculator to see how fast dividends are growing for ABM and more of your favorite stocks. Use the buyupside.com Dividend Accumulation Calculator to see how rapidly dividends add up.

See Great Dividend Stocks for a Long-term Portfolio - Nine Sectors and Great Dividend Stocks for a Long-term Portfolio - All Stocks (A-Z) for price and dividend information about ABM and many more stocks with long records of rising dividends.

I (RAH) do not own ABM.

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Posted December 18, 2009.