ACCO Brands has announced a quarterly dividend of $0.075 per share, with the ex-dividend date set for May 23, 2025, and the payment date on Jun 18, 2025. Compared to the average of the past ten dividends, which was $0.069 per share, this dividend is slightly higher. The last dividend was distributed on Mar 26, 2025, maintaining the same payout of $0.075 per share. Both dividends are categorized as cash dividends.
Recently,
has been the subject of several significant developments. Fitch Ratings has downgraded ACCO Brands Corporation's IDR to 'BB-', anticipating a decline in sales by high single digits in 2025, bringing them to approximately $1.5 billion from $1.67 billion in 2024. This downgrade reflects the downward pressure on sales the company is facing. Over the past week, StockNews.com upgraded ACCO Brands from a "hold" to a "buy" rating, signaling positive sentiment in the market despite the challenges. Additionally, Jane Street Group LLC has increased its stake in ACCO Brands by 4.2% during the fourth quarter, indicating continued interest from institutional investors. This move is complemented by other hedge funds boosting their positions in the company, highlighting a prevailing confidence in ACCO Brands' potential despite the market volatility.
In conclusion, investors should be aware that May 23, 2025, is the ex-dividend date for ACCO Brands, marking the last opportunity to purchase shares and qualify for the current dividend. Any stock purchases made after this date will not be eligible for the dividend payout.
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