7 Cents Per Share Dividend For Acme United Shareholders

The Board of Directors of Acme United Corporation (ACU – $10.09) declared a cash dividend of 7 cents per share. The dividend is payable on July 23, 2012 to stockholders of record on the close of business on July 2, 2012.

Acme United has been paying quarterly dividends for many years and has gradually increased the amount by 1 cent every 6 to 8 quarters. The last increase was in August of 2011 when the dividend went from 6 to 7 cents per share.

This is an excellent way to show confidence in the business and the market. Additionally, it builds long term shareholder value.

Next to rising revenues and earnings, increased distribution and new product introductions, Acme United’s growth story is also supported by a 7 cents quarterly dividend, which at today’s share price is an annual yield of almost 2.8%. This is substantially higher than the interest rate you earn on a regular savings account or a 10-year bond and is part of the reason why Acme remains a safe investment, even at uncertain times.

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