Acme United Corporation Board Increases Cash Dividend 14 Percent

Tue Jun 4, 2013 2:46pm EDT

* Reuters is not responsible for the content in this press release.

Acme United Corporation Board Increases Cash Dividend 14 Percent

The Board of Directors of Acme United Corporation (NYSE MKT: ACU) announced today that its board of directors has approved a 14% increase to its quarterly dividend to 8 cents per share on its outstanding common stock. The next dividend is payable on July 3, 2013 to stockholders of record on the close of business on June 15, 2013.

Walter C. Johnsen, Chairman and CEO said, “This is the seventh 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®, 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) 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.

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