ABM Industries (ABM) is a Top Dividend Stock Right Now: Should You Buy?

Company Overview - ABM Industries is headquartered in New York and operates in the Business Services sector, with a year-to-date price change of -0.12% [3] - The company currently pays a dividend of $0.22 per share, resulting in a dividend yield of 2.07%, which is significantly higher than the industry average of 0.71% and the S&P 500's yield of 1.57% [3] Dividend Performance - The annualized dividend of ABM Industries is$ 1.06, reflecting a 17.8% increase from the previous year [4] - Over the past five years, ABM has increased its dividend four times, achieving an average annual increase of 5.31% [4] - The current payout ratio stands at 25%, indicating that the company distributes 25% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - For the fiscal year 2025, the Zacks Consensus Estimate projects earnings of $3.69 per share, which corresponds to a year-over-year growth rate of 3.36% [5] Investment Appeal - ABM Industries is considered an attractive dividend investment, supported by a Zacks Rank of 2 (Buy), indicating a compelling investment opportunity [7]