Published on 9 Nov 2023 on Simply Wall St. via Yahoo Finance

ACCO Brands Corporation (NYSE:ACCO) Stock Goes Ex-Dividend In Just Four Days

Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see ACCO Brands Corporation (NYSE:ACCO) is about to trade ex-dividend in the next 4 days. The ex-dividend date is usually set to be one business day before the record date which is the cut-off date on which you must be present on the company's books as a shareholder in order to receive the dividend. It is important to be aware of the ex-dividend date because any trade on the stock needs to have been settled on or before the record date. Thus, you can purchase ACCO Brands' shares before the 14th of November in order to receive the dividend, which the company will pay on the 6th of December.

The company's next dividend payment will be US$0.075 per share, on the back of last year when the company paid a total of US$0.30 to shareholders. Based on the last year's worth of payments, ACCO Brands has a trailing yield of 6.1% on the current stock price of $4.88. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. That's why we should always check whether the dividend payments appear sustainable, and if the company is growing.

See our latest analysis for ACCO Brands