E Daily Stock Pick: Acme United

A portfolio of stocks I've been building since September 3 is named Volio Folio. It will eventually hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

I'm reviewing today the fourth of five industrials stocks striving to be picked to join the Volio folio collection. This would be the sixth pick for Volio!

That industrials sector includes twenty-three industries all related to designing, fabricating and servicing stuff we want and use. The industrials industries range from aerospace and defense to waste management with all the transportation, business services, and equipment required in between.

My subject today is a micro cap household & personal products firm, Acme United Corp. Their trading ticker symbol is ACU. This is my fourth report on Acme. Previously II reviewed Acme on 10/26/18, then again on 3/11/19 and most recently on 7/10/19, all as a candidate for the Ivy portfolio.

Acme United Corp is a US based company engaged in the supply of cutting devices, measuring, first aid, and sharpening products. It primarily offers these products to the school, home, office, hardware, sporting goods, and industrial markets.

'Business activity of the firm is operated by the United States, Canada, and Europe segment. Its product offerings across various segments include scissors, shears, knives, rulers, pencil sharpeners, and related products under the brands such as Westcott brand, First Aid Only, PhysiciansCare, Pac-Kit, Spill Magic, Clauss, Camillus, Cuda, and Diamond Machining Technology. Geographically, it derives maximum revenue from the United States segment.

The company was formerly known as Acme Shear Company and changed its name to Acme United Corporation in 1971.

The company was founded in 1867 and is based in Fairfield, Connecticut.

I use three key data points to gauge dividend-paying equities or funds like Acme United Corp:

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Disclosure: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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