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

Acco Brands Corporation (NYSE:ACCO) announced a quarterly dividend on Friday, July 24th. Shareholders 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 yield of 7.5%. The ex-dividend date of this dividend is Friday, August 21st.

Acco Brands has raised its dividend payment by an average of 0.0%annually over the last three years. Acco Brands has a dividend payout ratio of 27.8% indicating that 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%.

Acco Brands Stock Performance

Shares of ACCO opened at $3.98 on Friday. Acco Brands has a 1 year low of $2.81 and a 1 year high of $4.36. The company has a market cap of $367.66 million, a price-to-earnings ratio of 5.11, a price-to-earnings-growth ratio of 0.77 and a beta of 1.21. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.98 and a current ratio of 1.77. The firm has a fifty day moving average of $3.97 and a 200-day moving average of $3.76.

Acco Brands (NYSE:ACCO) last released its quarterly earnings data on Thursday, April 30th. The industrial products company reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.07. The business had revenue of $343.70 million for the quarter, compared to analysts’ expectations of $319.93 million. Acco Brands had a net margin of 4.76% and a return on equity of 12.58%. 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. As a group, equities analysts anticipate that Acco Brands will post 0.87 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on ACCO shares. Weiss Ratings raised Acco Brands from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, July 10th. Wall Street Zen upgraded Acco Brands from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 23rd. Zacks Research raised Acco Brands from a “strong sell” rating to a “hold” rating in a research note on Monday, May 11th. Finally, Barrington Research reiterated an “outperform” rating and set a $5.00 price target on shares of Acco Brands in a research report on Monday, May 4th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Acco Brands currently has an average rating of “Hold” and an average target price of $5.00.

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.