Acco Brands Corporation (ACCO) To Go Ex-Dividend on November 20th

Acco Brands Corporation (NYSE:ACCO – Get Free Report) declared a quarterly dividend on Friday, October 23rd. Stockholders of record on Friday, November 20th will be paid a dividend of $0.0750 per share by the industrial products company on Wednesday, December 9th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date of this dividend is Friday, November 20th.

Acco Brands has a 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 Stock Performance

ACCO opened at $4.58 on Friday. The stock’s 50 day simple moving average is $4.35 and its 200 day simple moving average is $4.03. The stock has a market cap of $423.24 million, a P/E ratio of 7.40, a P/E/G ratio of 0.86 and a beta of 1.20. Acco Brands has a 1-year low of $2.81 and a 1-year high of $4.74. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.97 and a quick ratio of 1.22.

Acco Brands (NYSE:ACCO – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The industrial products company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.02. Acco Brands had a net margin of 3.74% and a return on equity of 12.57%. The company had revenue of $415.10 million for the quarter, compared to the consensus estimate 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. As a group, equities analysts anticipate that Acco Brands will post 0.88 EPS for the current fiscal year.

Analysts Set New Price Targets

ACCO has been the subject of a number of research reports. Weiss Ratings upgraded Acco Brands from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, September 24th. Wall Street Zen cut shares of 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 objective on shares of Acco Brands in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $6.00.

View Our Latest Research Report on ACCO

About Acco Brands

(Get Free Report)

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.

See Also

Dividend History for Acco Brands (NYSE:ACCO)

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