Fast & Affordable Get pricing by Zip Code

  • For Dumpster pricing, enter rental Zip:
  • ABM Industries Passes Through 3% Yield Mark

    According to Dividend Channel, in trading on Monday, shares of ABM Industries, Inc. (ABM) were yielding above the 3% mark based on its quarterly dividend (annualized to $ 0.56), with the stock changing hands as low as $ 17.98 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market’s total return. To illustrate, suppose for example you purchased shares of the iShares Russell 3000 ETF (IWV) back on 5/31/2000 — you would have paid $ 78.27 per share. Fast forward to 5/31/2011 and each share was worth $ 80.78 on that date, a mere $ 2.51 or 3.2% increase over eleven years. But now consider that you collected a whopping $ 9.69 per share in dividends over the same period, increasing your return to 20.27%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.7%; so by comparison collecting a yield above 3% would appear considerably attractive if that yield is sustainable. ABM Industries, Inc. (ABM) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets.

    In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of ABM Industries, Inc., looking at the history chart for ABM below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 3% annual yield.

    ABM Dividend History
    Date Div*
    07/05/11 0.140
    04/05/11 0.140
    01/04/11 0.140
    10/05/10 0.135
    06/29/10 0.135
    04/06/10 0.135
    01/05/10 0.135
    10/06/09 0.130
    06/30/09 0.130
    04/07/09 0.130
    01/06/09 0.130
    10/07/08 0.125
    07/01/08 0.125
    04/08/08 0.125
    01/08/08 0.125
    10/09/07 0.120
    07/02/07 0.120
    04/10/07 0.120
    01/10/07 0.120
    10/11/06 0.110
    07/05/06 0.110
    04/11/06 0.110
    01/11/06 0.110
    10/12/05 0.105
    07/06/05 0.105
    04/06/05 0.105
    01/12/05 0.105
    10/06/04 0.100
    07/08/04 0.100
    04/07/04 0.100
    01/08/04 0.100
    10/08/03 0.095
    07/10/03 0.095
    04/15/03 0.095
    01/15/03 0.095
    10/10/02 0.090
    07/11/02 0.090
    03/26/02 0.090
    01/16/02 0.090
    10/11/01 0.083
    07/11/01 0.083
    04/10/01 0.083
    01/10/01 0.083
    10/11/00 0.077
    07/12/00 0.077
    04/12/00 0.077
    01/12/00 0.077
    10/13/99 0.070
    07/13/99 0.070
    04/13/99 0.070
    01/13/99 0.070
    10/13/98 0.060
    07/13/98 0.060
    04/13/98 0.060
    01/13/98 0.060
    10/10/97 0.050
    07/11/97 0.050
    04/11/97 0.050
    01/13/97 0.050
    10/09/96 0.044
    07/11/96 0.044
    04/11/96 0.044
    01/10/96 0.044
    10/11/95 0.037
    * Data may be adjusted for splits; we are not responsible for data errors; always verify data with the company.

    ABM+Dividend+History+Chart

    According to the ETF Finder at ETF Channel, ABM makes up 1.49% of the S&P SmallCap Industrials Portfolio ETF (PSCI) which is trading lower by about 6% on the day Monday.

    See what other ETFs contain ABM »
    See what other stocks are held by PSCI »

    ABM operates in the Waste Management sector, among companies like Waste Management, Inc. (WM) which is down about 5.9% today, and Republic Services, Inc. (RSG) trading lower by about 6.2%. Below is a three month price history chart comparing the stock performance of ABM, versus WM and RSG.

    ABM,WM,RSG Relative Performance Chart


    Special Offer: Find out what Dave Moenning is holding in the ETF Channel Flexible Growth Investment Portfolio with a special 20% off coupon from Forbes and 30 Days Free.


    Yahoo! Finance: Waste Management Industry News

    Looking for a roll-off dumpster rental?

    Visit our zip code finder and find the best prices for your dumpster rental!

    Tagged with: ,

    Comments are closed.