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Acco Brands Corporation (NYSE:ACCO) Plans $0. 07 Quarterly Dividend

Acco Brands Corporation (NYSE:ACCO) announced a quarterly dividend on Friday, July 24th. Investors of record on Friday, August 21st will be given a dividend of 0. 075 per share by the industrial products company on Wednesday, September 9th. This represents a c) dividend on an annualized basis and a dividend yield of 7. 5%. The ex-dividend date of this dividend is Friday, August 21st.

By @MarketBeatCom · · 4 min read

Acco Brands Corporation (NYSE:ACCO) Plans $0. 07 Quarterly Dividend

Acco Brands Corporation(NYSE:ACCO-Get Free Report) announced a quarterly dividend on Friday, July 24th. Shareholders of record on Friday, August 21st will be paid a dividend of 0. 075 per share by the industrial products company on Wednesday, September 9th. This represents a c) annualized dividend and a yield of 7. 5%. The ex-dividend date of this dividend is Friday, August 21st. 3 High-Yield Dividend Stocks Trading at a DiscountAcco Brands has raised its dividend by an average of 0. 0%per year over the last three years. Acco Brands has a dividend payout ratio of 27. 8% meaning its dividend is sufficiently covered by earnings. Analysts expect Acco Brands to earn $0. 96 per share next year, which means the company should continue to be able to cover its $0. 30 annual dividend with an expected future payout ratio of 31. 3%. GetAcco Brandsalerts:Acco Brands Price PerformanceShares ofAcco Brands stocktraded up $0. 07 on Friday, reaching $3. 98. The company's stock had a trading volume of 586,514 shares, compared to its average volume of 934,165. The company has a quick ratio of 0. 98, a current ratio of 1. 77 and a debt-to-equity ratio of 1. 25. The company has a market capitalization of $367. 65 million, a P/E ratio of 5. 11, a PEG ratio of 0. 78 and a beta of 1. 21. The stock has a 50-day moving average price of $3. 97 and a 200-day moving average price of $3. 75. Acco Brands has a 52-week low of $2. 81 and a 52-week high of $4. 36. Acco Brands (NYSE:ACCO-Get Free Report) last announced its earnings results on Thursday, April 30th. The industrial products company reported $0. 02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0. 05) by $0. 07. The firm had revenue of $343. 70 million for the quarter, compared to analyst estimates of $319. 93 million. Acco Brands had a return on equity of 12. 58% and a net margin of 4. 76%. Acco Brands has set its FY 2026 guidance at 0. 840-0. 890 EPS and its Q2 2026 guidance at 0. 240-0. 280 EPS. Analysts expect that Acco Brands will post 0. 87 EPS for the current year. Acco Brands Company Profile(Get Free Report)Acco Brands Corporation is a global provider of branded office and school supplies, serving consumers, educational institutions and commercial customers. Headquartered in Lake Zurich, Illinois, the company designs, manufactures and distributes a wide range of products that enhance productivity and organization in work and learning environments. The company's portfolio includes staplers, hole punches, binding and laminating systems, writing tools, binders, folders and desktop accessories under well-known names such as ACCO, Swingline, GBC, Kensington, Mead and Five Star. Recommended StoriesFive stocks we like better than Acco BrandsAMD and Cerbras Create A New Blueprint For HardwareIntel Earnings Reveal Whether the Chip Selloff Created a BuyCrowdStrike’s Cerebras Deal Puts Its AI Security Strategy to the TestPlugging In: How Kinder Morgan Powers Up ProfitsThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat. com. Should You Invest $1,000 in Acco Brands Right Now?Before you consider Acco Brands, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified thefive stocksthat top analysts are quietly whispering to their clients to buy now before the broader market catches on. . . and Acco Brands wasn't on the list. While Acco Brands currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks HereThe AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation. Inside this report, you’ll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America. Get This Free Report

Source: stocknews.com

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