Amcon Distributing Company (NASDAQ:DIT – Get Free Report) announced a quarterly dividend on Tuesday, January 28th,RTT News reports. Stockholders of record on Friday, February 7th will be given a dividend of 0.18 per share on Friday, February 28th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.61%.
Amcon Distributing Price Performance
Shares of NASDAQ DIT opened at $119.00 on Wednesday. The company has a quick ratio of 0.91, a current ratio of 3.23 and a debt-to-equity ratio of 1.61. The firm has a market capitalization of $77.35 million, a P/E ratio of 19.63 and a beta of 0.58. Amcon Distributing has a one year low of $117.00 and a one year high of $205.00.
Wall Street Analysts Forecast Growth
Separately, StockNews.com began coverage on Amcon Distributing in a report on Monday, January 13th. They issued a “hold” rating on the stock.
About Amcon Distributing
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.
Recommended Stories
- Five stocks we like better than Amcon Distributing
- What Are Dividend Champions? How to Invest in the Champions
- 3 Steel Stocks Soaring After Tariff Announcements
- Following Congress Stock Trades
- Top Analysts’ Picks for 2025: 3 of Morgan Stanley’s Favorites
- What is a Stock Market Index and How Do You Use Them?
- Why Salesforce Stock Could Be at Fresh Highs by February
Receive News & Ratings for Amcon Distributing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amcon Distributing and related companies with MarketBeat.com's FREE daily email newsletter.