Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) Plans Dividend Increase – $0.04 Per Share

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) declared a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Shareholders of record on Friday, April 4th will be given a dividend of 0.04 per share on Friday, April 25th. This represents a $0.16 annualized dividend and a yield of 2.04%. The ex-dividend date is Friday, April 4th. This is a 21.2% increase from Armanino Foods of Distinction’s previous quarterly dividend of $0.03.

Armanino Foods of Distinction Trading Up 1.2 %

Shares of AMNF stock opened at $7.83 on Wednesday. The company has a market capitalization of $249.81 million, a price-to-earnings ratio of 19.58 and a beta of 0.32. The firm has a 50-day moving average price of $7.61 and a 200 day moving average price of $7.14. Armanino Foods of Distinction has a twelve month low of $5.10 and a twelve month high of $8.20.

Armanino Foods of Distinction (OTCMKTS:AMNF) last issued its quarterly earnings results on Monday, March 3rd. The company reported $0.13 earnings per share for the quarter. Armanino Foods of Distinction had a return on equity of 41.38% and a net margin of 19.11%. The company had revenue of $18.50 million during the quarter.

About Armanino Foods of Distinction

Armanino Foods of Distinction, Inc produces and markets frozen food products in the United States. The company offers gourmet beef, Italian style beef and pork, and smoked turkey meatballs; grated parmesan and 3 cheese blend cheese; and various pesto, such as basil, artichoke, cilantro, dried tomato and garlic, roasted garlic, roasted red bell pepper, and southwest chipotle.