Acme United Corporation Board Increases Cash Dividend 9 Percent to $0.12 Per Share
November 14 2018 - 1:36PM
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.”
ACME UNITED CORPORATION is a
leading worldwide supplier of innovative safety solutions and
cutting technology to the school, home, office, hardware, sporting
goods and industrial markets. Its leading brands include First Aid
Only®, PhysiciansCare®, Pac-Kit®, Spill Magic®, Westcott®,
Clauss®, Camillus®, Cuda®, and DMT ®. For more information,
visit www.acmeunited.com.
Forward-looking statements in this report,
including without limitation, statements related to the Company’s
plans, strategies, objectives, expectations, intentions and
adequacy of resources, are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Investors are cautioned that such forward-looking statements
involve risks and uncertainties including, without limitation, the
following: (i) changes in the Company’s plans, strategies,
objectives, expectations and intentions, which may be made at
any time at the discretion of the Company; (ii) the impact of
uncertainties in global economic conditions, including the impact
on the Company’s suppliers and customers (iii) changes in client
needs and consumer spending habits; (iv) the impact of competition
and technological changes on the company (v) the Company’s ability
to manage its growth effectively, including its ability to
successfully integrate any business it might acquire; (vi) currency
fluctuations; and (vii) other risks and uncertainties indicated
from time to time in the Company’s filings with the Securities and
Exchange Commission.
CONTACT: |
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Paul G.
Driscoll |
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Acme United
CorporationPhone: (203) 254-6060 |
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55 Walls
DriveFAX: (203) 254-6521 |
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Fairfield,
CT 06824 |
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