Acco Brands Corporation (NYSE:ACCO) Shares Set to Pay Quarterly Dividend of $0.07

Acco Brands Corporation (NYSE:ACCO) announced a quarterly dividend on Friday, October 23rd. Shareholders of record on Friday, November 20th will be given a dividend of $0.0750 per share by the industrial products company on Wednesday, December 9th. This represents a $0.30 annualized dividend and a yield of 6.5%. The ex-dividend date is Friday, November 20th.

Acco Brands has a dividend payout ratio of 27.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Acco Brands to earn $0.98 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 30.6%.

Acco Brands Trading Down 2.0%

Shares of ACCO traded down $0.10 during mid-day trading on Friday, hitting $4.58. The company had a trading volume of 610,200 shares, compared to its average volume of 851,119. Acco Brands has a 1-year low of $2.81 and a 1-year high of $4.74. The business’s 50-day simple moving average is $4.34 and its 200-day simple moving average is $4.03. The stock has a market cap of $423.24 million, a PE ratio of 7.40, a P/E/G ratio of 0.85 and a beta of 1.20. The company has a quick ratio of 1.22, a current ratio of 1.97 and a debt-to-equity ratio of 1.30.

Acco Brands (NYSE:ACCO) last announced its quarterly earnings results on Thursday, July 30th. The industrial products company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.02. The firm had revenue of $415.10 million for the quarter, compared to analysts’ expectations of $402.53 million. Acco Brands had a net margin of 3.74% and a return on equity of 12.57%. Acco Brands has set its Q3 2026 guidance at 0.170-0.210 EPS and its FY 2026 guidance at 0.870-0.910 EPS. Sell-side analysts forecast that Acco Brands will post 0.88 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have weighed in on ACCO. Weiss Ratings upgraded shares of Acco Brands from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, September 24th. Wall Street Zen downgraded Acco Brands from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 1st. Finally, Barrington Research set a $6.00 price target on shares of Acco Brands in a report on Wednesday, August 5th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $6.00.

Acco Brands Company Profile

ACCO Brands Corporation is a global manufacturer and marketer of consumer and office products. Its portfolio includes supplies and equipment used in workplaces, schools and homes, as well as products designed to support organization, productivity and personal technology.

The company’s brands include Swingline, Kensington, Mead, Five Star, GBC, Quartet and Esselte. Its products include staplers, punches, shredders, laminators, binding systems, presentation supplies, notebooks, planners, backpacks, computer accessories and other workspace and school supplies.

ACCO Brands traces its history to the American Clip Company, founded in 1903.