Docstoc

Acme United Corporation Board Increases Cash Dividend 20 Percent

Document Sample
Acme United Corporation Board Increases Cash Dividend 20 Percent Powered By Docstoc
					Acme United Corporation Board Increases Cash
Dividend 20 Percent
August 04, 2010 09:03 AM Eastern Daylight Time  

FAIRFIELD, Conn.--(EON: Enhanced Online News)--The Board of Directors of Acme United Corporation
(AMEX:ACU) declared a cash dividend of 6 cents per share on its outstanding common stock. This represents an
increase of 20 percent over each of the previous eight quarterly dividends. The dividend is payable on October 21,
2010 to stockholders of record on the close of business on October 1, 2010.

Walter C. Johnsen, Chairman and CEO said, “I am pleased to announce the increased quarterly dividend. Our
business continues to perform well and we expect to generate strong cash flow and solid earnings. Acme United has
just completed its strongest quarter ever in earnings per share.” 

ACME UNITED CORPORATION is a specialized supplier of cutting devices, measuring instruments, and safety
products for school, home, industrial and office use. Its leading brands include Westcott®, Clauss®, Camillus®, and
PhysiciansCare ®.

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) the Company’s plans,
strategies, objectives, expectations and intentions are subject to change at any time at the discretion of the Company;
(ii) the Company’s plans and results of operations will be affected by the Company’s ability to manage its growth,
and (iii) other risks and uncertainties indicated from time to time in the Company’s filings with the Securities and
Exchange Commission.

Contacts
Acme United Corporation
Paul G. Driscoll, 203-254-6060
Fax: 203-254-6521

Permalink: http://eon.businesswire.com/news/eon/20100804005909/en

				
DOCUMENT INFO
Shared By:
Tags:
Stats:
views:5
posted:8/4/2010
language:English
pages:1
Description: FAIRFIELD, Conn.--(EON: Enhanced Online News)--The Board of Directors of Acme United Corporation (AMEX:ACU) declared a cash dividend of 6 cents per share on its outstanding common stock. This represents an increase of 20 percent over each of the previous eight quarterly dividends. The dividend is payable on October 21, 2010 to stockholders of record on the close of business on October 1, 2010. Walter C. Johnsen, Chairman and CEO said, “I am pleased to announce the increased quarterly dividend. O a style='font-size: 10px; colo
EON: Enhanced Online News EON: Enhanced Online News http://eon.businesswire.com
About At EON: Enhanced Online News, we show you how to make your online press release thrive. If you want to drive traffic to your website, generate sales leads, make an announcement, or promote a new product, EON: Enhanced Online News delivers the online visibility that you need. EON: Enhanced Online News powered by Business Wire.