ABM increases dividend 3.4% to 15c per share The company announced that the board of directors has declared a Q1 cash dividend of 15c per common share - which is a 3.4% increase - payable on December 28 to stockholders of record on December 21.
ABM Industries sees FY15 adjusted EPS $1.65-$1.75, consensus $1.80 For fiscal 2015, the company expects adjusted after-tax net income of $1.65-$1.75 per diluted share and after-tax net income of $1.45-$1.55 per diluted share. This guidance excludes potential benefits associated with the Work Opportunity Tax Credit, should Congress reenact the credit. The reenactment of the calendar 2014 WOTC could provide a benefit of 10c per diluted share in fiscal 2015. If Congress were to extend the WOTC for calendar 2015, the company could have a further benefit of 8c per diluted share.