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Acuity (NYSE:AYI) Reaches New 52-Week High Following Dividend Announcement
['Defense World Staff']
Defense World
Shares of Acuity, Inc. (NYSE:AYI – Get Free Report) hit a new 52-week high during trading on Wednesday following a dividend announcement from the company.
This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.2%.
Wall Street Zen upgraded shares of Acuity from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 27th.
About Acuity(Get Free Report)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).