ABM Industries (ABM) will raise its quarterly dividend by 3.0 percent to $0.17 per share. The increased dividend is payable on February 6, 2017 to stockholders of record on January 5, 2017.

Facility solutions provider ABM has raised its dividend for 50 consecutive years. Based on a stock price of $40 the dividend yield is 1.7%.

ABM Industries Incorporated is a provider of integrated facility solutions. The Company operates through five segments: Janitorial, Facility Services, Parking, Building & Energy Solutions, and other. ABM provides custom facility solutions in urban, suburban and rural areas to properties of all sizes - from schools and commercial buildings to hospitals, data centers, manufacturing plants and airports. ABM Industries Incorporated, which operates through its subsidiaries, was founded in 1909.