ACCO Brands announces 24th consecutive quarterly dividend, yielding 6% annually

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The decision was confirmed by ACCO’s CEO, Tom Tedford, who emphasized the significance of the dividend in the company’s capital allocation strategy. The strategy is bolstered by a robust free cash flow and yields an approximately 6% annualized return for shareholders at the current stock price.

This dividend payout is a key component of ACCO’s capital allocation strategy, which has been a consistent part of their operations since 2018. The strategy has been underpinned by robust free cash flow, demonstrating the company’s commitment to providing sustained returns to its shareholders.

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