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ACCO Brands Corporation (NYSE: ACCO) has declared a quarterly cash dividend of $0.075 per share. The dividend will be paid on December 6, 2023. The Company's dividend has become an important part of our capital allocation strategy and we remain committed to supporting our quarterly dividend with our robust free cash flow.
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ACCO Brands Corporation declares a quarterly cash dividend of $0.075 per share.
Shareholders will receive an almost 6% yield on their investment on an annualized basis.
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LAKE ZURICH, Ill.--(BUSINESS WIRE)--
ACCO Brands Corporation (NYSE: ACCO) today announced that its board of directors has declared a quarterly cash dividend of $0.075 per share. The dividend will be paid on December 6, 2023, to stockholders of record as of the close of business on November 15, 2023.
“This is the Company’s 24th quarterly cash dividend since it began paying dividends in 2018. The Company’s dividend has become an important part of our capital allocation strategy and we remain committed to supporting our quarterly dividend with our robust free cash flow. At the current stock price, on an annualized basis, our shareholders are receiving an almost 6% yield on their investment,” said Tom Tedford, President and Chief Executive Officer of ACCO Brands.
About ACCO Brands Corporation
ACCO Brands, the Home of Great Brands Built by Great People, designs, manufactures and markets consumer and end-user products that help people work, learn, play and thrive. Our widely recognized brands include AT-A-GLANCE®, Five Star®, Kensington®, Leitz®, Mead®, PowerA®, Swingline®, Tilibra® and many others. More information about ACCO Brands Corporation (NYSE: ACCO) can be found at www.accobrands.com.
acco brands (nyse: acco) is one of the world's largest suppliers of select categories of branded office products, with revenues of nearly $1.8 billion. we market products in over 100 countries across the globe through our own sales force and distribution networks. our industry-leading brands and products include at-a-glance® and day-timer®, five star®, gbc®, hilroy®, kensington®, marbig, mead®, quartet®, rexel, swingline®, tilibra®, wilson jones and many others. we're proud of our long history of industry leadership and innovation, and we're focused on delivering exceptional value for our shareholders and customers by providing unique, leading-edge, branded office products. we are passionate about building a winning culture for its employees. we are dedicated to providing a rewarding and challenging career path with opportunities across the globe in a variety of disciplines. our results–oriented and fast paced, dynamic environment will provide an opportunity to thrive in your career