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ACCO declared a quarterly cash dividend of $0.075 per share, the company disclosed, with payment set for Sept. The ex-dividend date and record date are both Aug.
Eligibility and key dates Shareholders holding ACCO shares before the Aug. 21 ex-dividend date, and on the company's books as of the Aug. 21 record date, qualify for the $0.075 per-share payment.
Investors who purchase shares on or after Aug. The ex-dividend and record dates falling on the same calendar day reflects standard equity market settlement practice.
Under current conventions, a buyer must execute a trade at least one business day before the record date to appear on the shareholder register in time. ACCO's filing states both dates as Aug.
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