E Daily Stock Pick: ABM Industries (ABM)

A portfolio of stocks I've been building since September 3, 2019, named Volio, will eventually hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

Today I'm reviewing the fourth of four industrials sector stocks this week striving to join my Volio folio. This could be my thirty-second pick for Volio!

That industrials sector includes twenty-three industries all related to designing, fabricating and servicing stuff we want, know and use. The industrials industries range from aerospace and defense to waste management with all the transportation, business services, and equipment required in between.

My subject today is a small-cap specialty business services company named, ABM Industries Inc. Their trading ticker symbol is ABM. This is my first ever report on ABM Industries Inc.

ABM Industries Inc is a provider of integrated facility solutions. It offers its solutions through six segments namely Business and Industry, Aviation, Technology and Manufacturing, Education, Technical Solutions, and Healthcare. It derives a majority of the revenue from the Business and Industry segment that encompasses janitorial, facilities engineering, and parking services for commercial real estate properties and sports and entertainment venues, vehicle maintenance and other services to rental car providers.

The company was founded in 1909 and is headquartered in New York, New York

I use three key data points to gauge dividend equities or funds like ABM Industries Inc:

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys will finally unlock an equity or fund in which to invest, or not.

Those three basic keys, however, best tell whether a company has made, is making, and will make money.

ABM Price

ABM's price per share closed at $27.83 yesterday. A year ago their price was $36.49. Market price has dropped $8.66 or nearly 24%.

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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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