ACCO Brands Corporation Declares Quarterly Dividend

Rhea-AI Summary

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.

Positive

• 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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• None.

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 24^th 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231027483949/en/

Chris McGinnis

Investor Relations

(847) 796-4320

Kori Reed

Media Relations

(224) 501-0406

Source: ACCO Brands Corporation

FAQ

What is the dividend amount declared by ACCO Brands Corporation?

ACCO Brands Corporation has declared a quarterly cash dividend of $0.075 per share.

When will the dividend be paid?

The dividend will be paid on December 6, 2023.

What is the yield on investment for shareholders?

Shareholders will receive an almost 6% yield on their investment on an annualized basis.