ACCO Brands Corporation (ACCO) Initiates $0.06 Quarterly Dividend; Approves $100M Buyback

ACCO Brands Corporation (NYSE: ACCO) declared an initial quarterly dividend of $0.06 per share, or $0.24 annualized.

The dividend will be payable on March 21, 2018, to stockholders of record on March 1, 2018, with an ex-dividend date of February 28, 2018.

The annual yield on the dividend is 2.2 percent.

The company also announced that its board of directors approved an authorization to repurchase up to an additional $100 million in shares of its common stock. As of December 31, 2017, the company had $84.0 million remaining of its prior authorizations. With the new authorization the company has a combined $184.0 million available for share repurchases.

For a dividend history and other dividend-related data on ACCO Brands Corporation (ACCO) click here.

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