Acuity Stock To Go Ex-dividend Monday (AYI)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for Acuity Brands (NYSE: AYI) is Monday, April 15, 2013. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $72.73 as of 9:30 a.m. ET, the dividend yield is 0.7%.

The average volume for Acuity has been 432,400 shares per day over the past 30 days. Acuity has a market cap of $3.17 billion and is part of the technology sector and electronics industry. Shares are up 8% year to date as of the close of trading on Thursday.

Acuity Brands, Inc., through its subsidiaries, engages in the design, production, and distribution of lighting solutions and services in North America and internationally. The company has a P/E ratio of 27, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Acuity as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Acuity Ratings Report.

See our dividend calendar or top-yielding stocks list.

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