FAIRFIELD, Conn.--(BUSINESS WIRE)--Jul. 31, 2014-- Acme United Corporation (NYSE MKT:ACU) announced today that its board of directors has approved a 13% increase to its quarterly dividend to 9 cents per share on its outstanding common stock. The next dividend is payable on October 16, 2014 to stockholders of record on the close of business on October 1, 2014.

Walter C. Johnsen, Chairman and CEO said, “This is the eighth dividend increase since 2004. The Company continues to make good business progress and we are delighted to provide this additional return to shareholders. The Company’s balance sheet is strong and we are confident in the business.”

ACME UNITED CORPORATION is an innovative supplier of cutting devices, measuring instruments, and safety products for school, home, office, hardware and industrial use. Its leading brands include Westcott®, Clauss®, Camillus®, First Aid Only®, PhysiciansCare ® and Pac-Kit ®.

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) changes in the Company’s plans, strategies, objectives, expectations and intentions, which may be made at any time at the discretion of the Company; (ii) the impact of uncertainties in global economic conditions, including the impact on the Company’s suppliers and customers (iii) changes in client needs and consumer spending habits; (iv) the impact of competition and technological changes on the company (v) the Company’s ability to manage its growth effectively, including its ability to successfully integrate any business it might acquire; (vi) currency fluctuations; and (vii) other risks and uncertainties indicated from time to time in the Company’s filings with the Securities and Exchange Commission.

Source: Acme United Corporation

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