Ex-Dividend Date Insight: ACCO Brands

On August 6, 2021, ACCO Brands ACCO declared a dividend payable on September 15, 2021 to its shareholders. ACCO Brands also announced that shareholders on the company's books on or before August 27, 2021 are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date. ACCO Brands has an ex-dividend date planned for August 26, 2021. The company's current dividend payout sits at $0.07. That equates to a dividend yield of 2.96% at current price levels.

What Are Ex-Dividend Dates?

Ex-dividend dates signal when company shares cease to trade with their current dividend payouts. There is a small intermission period before companies announce new dividends. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis.

ACCO Brands's Dividend Payouts And Yields

Over the past year, ACCO Brands has experienced no change regarding its dividend payouts and a downward trend regarding its yields. Last year on August 25, 2020 the company's payout was $0.07, which has returned to its value today. ACCO Brands's dividend yield last year was 3.89%, which has since decreased by 0.93%.
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.

Click here to find details on ACCO Brands's previous dividends.