Acme United Corporation Board Approves Cash Dividend
September 17 2020 - 11:41AM
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 October
22, 2020 to stockholders of record on the close of business on
October 1, 2020.
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®, First Aid Central®, 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; (vii) increases in the cost of
borrowings resulting from rising interest rates; (viii)
international trade policies and their impact on demand for our
products and our competitive position, including the imposition of
new tariffs or changes in existing tariff rates; and (ix)
other risks and uncertainties indicated from time to time in the
Company’s filings with the Securities and Exchange Commission.
CONTACT:Paul G. DriscollAcme United
Corporation55 Walls DriveFairfield, CT 06824Phone: (203)
254-6060FAX: (203) 254-6521
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