Acme United (ACU) Raises Quarterly Dividend 7.7% to $0.14; 1.7% Yield

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Acme United Corporation Board Increases Cash Dividend 8 Percent to $0.14 per Share

June 14, 2022 4:14 PM EDT

SHELTON, Conn., June 14, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Acme United Corporation (NYSE American: ACU) declared a cash dividend of 14 cents per share on its outstanding common stock. The dividend is payable on July 22, 2022, to stockholders of record on the close of business on July 1, 2022.

Walter C. Johnsen, Chairman and CEO, said, This is Acme Uniteds thirteenth dividend increase since 2004. The Company continues to make good business progress and we are delighted to provide this additional return to shareholders. Our balance sheet is... More