Looking at the universe of stocks we cover at Dividend Channel, on 4/16/19, Acuity Brands Inc (Symbol: AYI) will trade ex-dividend, for its quarterly dividend of $0.13, payable on 5/1/19. As a percentage of AYI's recent stock price of $141.72, this dividend works out to approximately 0.09%.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from AYI is likely to continue, and whether the current estimated yield of 0.37% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AYI shares, versus its 200 day moving average:
Looking at the chart above, AYI's low point in its 52 week range is $103.48 per share, with $173.01 as the 52 week high point — that compares with a last trade of $141.98.
In Friday trading, Acuity Brands Inc shares are currently up about 0.6% on the day.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.