The Board of Directors of Acme United Corporation declared a cash dividend of 16 cents per share on its outstanding common stock. This represents a 7% increase from the previous dividend of 15 cents per share. The dividend is payable on July 24, 2025, to stockholders of record on July 3, 2025.
Walter C. Johnsen, Chairman and CEO, stated that this marks Acme United's fifteenth dividend increase since 2004. This consistent history of dividend growth reflects the company's commitment to providing shareholder returns.
The dividend increase signals the Board's optimism about the company's future financial performance and its ability to generate sufficient cash flow to support increased payouts. This action reinforces investor confidence in Acme United's stability and growth trajectory.
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