Acme United Corporation Board Increases Cash Dividend 9 Percent To $0.12 Per Share
FAIRFIELD, Conn., Nov. 14, 2018 (GLOBE NEWSWIRE) -- The Board of Directors of Acme United Corporation (NYSE American: ACU) declared a cash dividend of 12 cents per share on its outstanding common stock. The dividend is payable on January 29, 2019 to stockholders of record on the close of business on January 8, 2019.
Walter C. Johnsen, Chairman and CEO, said, “This is Acme United’s eleventh 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 strong and we are confident in the business.”