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

Acco Brands Corporation (NYSE:ACCO) declared a quarterly dividend on Friday, July 24th. Stockholders of record on Friday, August 21st will be paid 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 dividend yield of 7.5%. The ex-dividend date is Friday, August 21st.

Acco Brands has increased its dividend payment by an average of 0.0%per year over the last three years. Acco Brands has a dividend payout ratio of 27.8% meaning its dividend is sufficiently covered by earnings. Equities 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 Up 1.7%

ACCO stock opened at $3.98 on Friday. Acco Brands has a 52 week low of $2.81 and a 52 week high of $4.36. The company has a market capitalization of $367.66 million, a price-to-earnings ratio of 5.11, a price-to-earnings-growth ratio of 0.75 and a beta of 1.21. The firm’s 50-day moving average is $3.97 and its two-hundred day moving average is $3.76. The company has a current ratio of 1.77, a quick ratio of 0.98 and a debt-to-equity ratio of 1.25.

Acco Brands (NYSE:ACCO) last issued its quarterly earnings results on Thursday, April 30th. The industrial products company reported $0.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.07. Acco Brands had a return on equity of 12.58% and a net margin of 4.76%.The firm had revenue of $343.70 million during the quarter, compared to analyst estimates 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. On average, analysts forecast that Acco Brands will post 0.87 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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