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

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) announced a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Investors of record on Friday, April 4th will be paid a dividend of 0.04 per share on Friday, April 25th. This represents a $0.16 dividend on an annualized basis and a dividend 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 Stock Performance

AMNF traded up $0.09 on Tuesday, hitting $7.83. The company had a trading volume of 17,080 shares, compared to its average volume of 23,357. The stock has a market capitalization of $249.81 million, a price-to-earnings ratio of 19.58 and a beta of 0.32. The stock has a fifty day moving average price of $7.61 and a 200-day moving average price of $7.12. Armanino Foods of Distinction has a 12-month low of $5.10 and a 12-month high of $8.20.

Armanino Foods of Distinction (OTCMKTS:AMNF) last announced its 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 firm had revenue of $18.50 million for 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.