ABM Industries Inc (NYSE: ABM) reported its fiscal second quarter earnings before the opening bell on Friday.

The company posted its EPS at 90 cents, beating the estimate of 89 cents. Revenue came in at $2.29 billion, beating the estimate of $2.22 billion.

In March, UBS analyst Joshua Chan maintained a Neutral rating on the stock while lowering the price target from $51 to $45.

The facility management provider paid a quarterly cash dividend of 29 cents per share on May 4, 2026, to shareholders of record on April 2, 2026.

The current dividend payout for ABM Industries stands at $1.16, with a dividend yield of is 2.91%. The company has been paying a quarterly cash dividend for more than 90 years, making it one of the longest-running dividend payers in the U.S. markets.

So, how can investors exploit its dividend yield to pocket a regular $500 monthly?

To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of approximately $206,276 or around 5,172 shares. For a more modest $100 per month or $1,200 per year, you would need about $41,255 or around 1,034 shares.

To calculate: Divide the desired annual income ($6,000 or $1,200) by the dividend ($1.16 in this case). So, $6,000 / $1.16 = 6,522 ($500 per month), and $1,200 / $1.16 = 1,034 ($100 per month).

Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time.

How that works: The dividend yield is computed by dividing the annual dividend payment by the stock’s current price.

For example, if a stock pays an annual dividend of $2 and is currently priced at $50, the dividend yield would be 4% ($2/$50). However, if the stock price increases to $60, the dividend yield drops to 3.33% ($2/$60). Conversely, if the stock price falls to $40, the dividend yield rises to 5% ($2/$40).

Similarly, changes in the dividend payment can impact the yield. If a company increases its dividend, the yield will also increase, provided the stock price stays the same. Conversely, if the dividend payment decreases, so will the yield.

ABM Price Action: Shares of ABM Industries rose 1.76% to close at $39.88 on Thursday.

Photo: Hryshchyshen Serhii / Shutterstock