Acco Brands Corporation (ACCO) to Issue Quarterly Dividend of $0.07 on September 9th

Acco Brands Corporation (NYSE:ACCO) declared a quarterly dividend on Friday, July 24th. Stockholders 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 dividend yield of 7.0%. The ex-dividend date of this dividend is Friday, August 21st.

Acco 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. Research 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%.

Acco Brands Price Performance

Shares of ACCO stock opened at $4.29 on Wednesday. The business’s fifty day moving average is $4.11 and its 200 day moving average is $3.80. The company has a quick ratio of 1.22, a current ratio of 1.97 and a debt-to-equity ratio of 1.30. The stock has a market cap of $395.55 million, a price-to-earnings ratio of 6.91, a PEG ratio of 0.82 and a beta of 1.21. Acco Brands has a twelve month low of $2.81 and a twelve month high of $4.56.

Acco Brands (NYSE:ACCO) last announced its quarterly earnings data on Thursday, July 30th. The industrial products company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.27 by $0.02. Acco Brands had a return on equity of 12.57% and a net margin of 3.74%.The business had revenue of $415.10 million during the quarter, compared to analyst estimates of $402.53 million. 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. Research analysts expect that Acco Brands will post 0.88 EPS for the current fiscal year.

Insider Activity

In other news, SVP Angela Y. Jones sold 57,217 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $4.02, for a total value of $230,012.34. Following the transaction, the senior vice president owned 18,580 shares in the company, valued at approximately $74,691.60. This represents a 75.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 5.30% of the company’s stock.

Hedge Funds Weigh In On Acco Brands

A number of hedge funds have recently added to or reduced their stakes in the company. Dynamic Technology Lab Private Ltd bought a new stake in shares of Acco Brands in the 1st quarter worth $127,000. Empowered Funds LLC increased its holdings in Acco Brands by 3.7% in the 1st quarter. Empowered Funds LLC now owns 460,514 shares of the industrial products company’s stock worth $1,930,000 after buying an additional 16,343 shares in the last quarter. Creative Planning raised its position in Acco Brands by 53.3% in the 2nd quarter. Creative Planning now owns 54,421 shares of the industrial products company’s stock worth $195,000 after buying an additional 18,924 shares during the last quarter. JPMorgan Chase & Co. raised its position in Acco Brands by 0.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 818,489 shares of the industrial products company’s stock worth $2,930,000 after buying an additional 3,039 shares during the last quarter. Finally, Quantbot Technologies LP lifted its stake in Acco Brands by 8.3% during the 2nd quarter. Quantbot Technologies LP now owns 78,218 shares of the industrial products company’s stock valued at $280,000 after acquiring an additional 6,018 shares during the period. 84.56% of the stock is currently owned by hedge funds and other institutional investors.

Acco Brands Company Profile

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.