Acco Brands Corporation Announces Quarterly Dividend of $0.07 (NYSE:ACCO)

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

Acco Brands has increased 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% indicating that its dividend is sufficiently covered by earnings. Equities 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 Trading Up 1.7%

ACCO traded up $0.07 during trading hours on Friday, reaching $3.98. The company’s stock had a trading volume of 586,514 shares, compared to its average volume of 934,165. Acco Brands has a fifty-two week low of $2.81 and a fifty-two week high of $4.36. The stock has a market cap of $367.65 million, a PE ratio of 5.11, a P/E/G ratio of 0.78 and a beta of 1.21. The business’s 50-day moving average is $3.97 and its 200-day moving average is $3.75. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.77 and a quick ratio of 0.98.

Acco Brands (NYSE:ACCO) last posted its earnings results on Thursday, April 30th. The industrial products company reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.07. Acco Brands had a return on equity of 12.58% and a net margin of 4.76%.The company had revenue of $343.70 million during the quarter, compared to analysts’ expectations of $319.93 million. 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 research analysts predict that Acco Brands will post 0.87 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

ACCO has been the subject of a number of recent analyst reports. Weiss Ratings raised Acco Brands from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, July 10th. Zacks Research raised shares of Acco Brands from a “strong sell” rating to a “hold” rating in a research note on Monday, May 11th. 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. Finally, Wall Street Zen raised shares of Acco Brands from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 23rd. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Acco Brands presently has an average rating of “Hold” and a consensus price target 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.