Acuity Brands Inc

NYSE AYI

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Acuity Brands Inc Dividend Coverage Ratio 1 year YoY Change (%) for the quarter ending February 29, 2024: -4.19%

Acuity Brands Inc Dividend Coverage Ratio 1 year YoY Change (%) is -4.19% for the quarter ending February 29, 2024, a -119.96% change year over year. The dividend coverage ratio measures a company's ability to cover its dividend payments with its net income. It is calculated by dividing net income by dividends paid. This ratio indicates the proportion of net income that is allocated to paying dividends. A ratio greater than 1 suggests sufficient income to cover dividend payments, while a ratio less than 1 indicates a potential shortfall. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Acuity Brands Inc Dividend Coverage Ratio for the quarter ending February 28, 2023 was 19.81, a 21.01% change year over year.
  • Acuity Brands Inc Dividend Coverage Ratio for the quarter ending February 28, 2022 was 16.37, a 22.32% change year over year.
  • Acuity Brands Inc Dividend Coverage Ratio for the quarter ending February 28, 2021 was 13.38, a 21.66% change year over year.
  • Acuity Brands Inc Dividend Coverage Ratio for the quarter ending February 29, 2020 was 11.00, a -12.07% change year over year.
NYSE: AYI

Acuity Brands Inc

CEO Mr. Neil M. Ashe
IPO Date Dec. 3, 2001
Location United States
Headquarters 1170 Peachtree Street, N.E., Atlanta, GA, United States, 30309-7676
Employees 12,000
Sector Industrials
Industry Electrical equipment & parts
Description

Acuity Brands, Inc. provides lighting, lighting controls, building management system, location-aware applications in the United States and internationally. The company operates in two segments, Acuity Brands Lighting and Lighting Controls (ABL); and the Intelligent Spaces Group (ISG). The ABL segment provides commercial, architectural, and specialty lighting solutions, as well as lighting controls and components for various indoor and outdoor applications under the A-Light, Aculux, American Electric Lighting, Cyclone, Dark to Light, eldoLED, Eureka, Gotham, Healthcare Lighting, Holophane, Hydrel, Indy, IOTA, Juno, Lithonia Lighting, Luminaire LED, Luminis, Mark Architectural Lighting, nLight, OPTOTRONIC, Peerless, RELOCWiring Solutions, and Sensor Switch. This segment serves electrical distributors, retail home improvement centers, electric utilities, national accounts, original equipment manufacturers, digital retailers, lighting showrooms, and energy service companies. The ISG segment offers building management solutions, such as products for controlling heating, ventilation, air conditioning, lighting, shades, refrigeration, and building access that deliver end-to-end optimization of those building systems; and building management software that enhances building system management and automates labor intensive tasks. This segment serves system integrators, as well as retail stores, airports, and enterprise campuses. The company offers its products and solutions under the Atrius, Distech Controls, and KE2 Therm Solutions brands. Acuity Brands, Inc. was incorporated in 2001 and is headquartered in Atlanta, Georgia.

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StockViz Staff

September 19, 2024

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