SHELTON, Conn. - Acme United Corporation (NYSE American: ACU), a global provider of safety solutions and cutting technology, has declared a quarterly cash dividend. The company announced that a dividend of 15 cents per share will be distributed to shareholders. This payout is scheduled for April 19, 2024, with stockholders on record as of March 28, 2024, eligible to receive the dividend.
Acme United, known for its range of brands including First Aid Only®, Westcott®, and PhysiciansCare®, is a key player in supplying products to various markets such as school, home, office, and industrial sectors. The dividend declaration follows the company's practice of providing returns to its investors and reflects its financial policies.
The company's forward-looking statements suggest a cautious optimism, tempered by the acknowledgment of risks and uncertainties that could affect future results. These include global economic conditions, inflationary pressures, supply chain disruptions, and labor costs, among other factors.
Acme United also noted potential challenges due to geopolitical tensions and changes in international trade policies.
Investors are advised to consider the risks detailed in the company's communications and filings with the Securities and Exchange Commission. These risks encompass changes in company strategies and the potential impact of market competition and technological advancements.
The announcement of the dividend is based on a press release statement from Acme United Corporation.
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