StockNews.com initiated coverage on shares of Amcon Distributing (NASDAQ:DIT – Free Report) in a research note released on Monday. The brokerage issued a hold rating on the stock.
Amcon Distributing Price Performance
Shares of NASDAQ DIT opened at $126.22 on Monday. The firm has a market cap of $81.41 million, a PE ratio of 17.60 and a beta of 0.58. The company has a debt-to-equity ratio of 1.23, a current ratio of 2.46 and a quick ratio of 0.91. Amcon Distributing has a 52-week low of $118.25 and a 52-week high of $209.44.
Amcon Distributing Dividend Announcement
The company also recently disclosed a special dividend, which will be paid on Friday, January 31st. Stockholders of record on Monday, December 30th will be issued a $0.28 dividend. The ex-dividend date of this dividend is Monday, December 30th. Amcon Distributing’s dividend payout ratio (DPR) is 10.04%.
Amcon Distributing Company Profile
AMCON Distributing Co engages in the distribution of consumer products. It operates through the Wholesale Distribution (Wholesale) and Retail Health Food (Retail) segments. The Wholesale segment refers to the wholesale distribution of consumer products. The Retail segment focuses on the sale of health and natural food products.
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