Armanino Foods of Distinction Inc. (AMNF) to Issue Dividend of $0.04 on July 27th

Armanino Foods of Distinction Inc. (OTCMKTS:AMNF) announced a dividend on Tuesday, July 1st, investing.com reports. Stockholders of record on Tuesday, July 8th will be given a dividend of 0.04 per share on Sunday, July 27th. This represents a dividend yield of 1.98%. The ex-dividend date is Monday, July 7th. This is a 10.2% increase from Armanino Foods of Distinction’s previous dividend of $0.04.

Armanino Foods of Distinction Trading Up 1.6%

Armanino Foods of Distinction stock opened at $8.20 on Thursday. The firm has a 50-day moving average price of $7.90 and a 200-day moving average price of $7.73. The firm has a market capitalization of $258.30 million, a PE ratio of 16.40 and a beta of 0.14. Armanino Foods of Distinction has a 12-month low of $5.35 and a 12-month high of $8.20.

Armanino Foods of Distinction (OTCMKTS:AMNF) last released its earnings results on Monday, May 5th. The company reported $0.12 earnings per share (EPS) for the quarter. The firm had revenue of $16.98 million during the quarter. Armanino Foods of Distinction had a net margin of 22.72% and a return on equity of 46.98%.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Armanino Foods of Distinction to a “buy” rating in a research note on Friday, June 20th.

Armanino Foods of Distinction Company Profile

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.