Amcon Distributing Company (NASDAQ:DIT - Get Free Report) announced a quarterly dividend on Tuesday, January 28th,RTT News reports. Investors of record on Friday, February 7th will be paid a dividend of 0.18 per share on Friday, February 28th. This represents a $0.72 annualized dividend and a yield of 0.57%. The ex-dividend date of this dividend is Friday, February 7th.
Amcon Distributing Stock Up 1.6 %
Shares of DIT stock traded up $2.01 during trading hours on Friday, reaching $126.01. 66 shares of the company's stock were exchanged, compared to its average volume of 226. The firm has a market cap of $81.91 million, a PE ratio of 21.14 and a beta of 0.58. The company has a quick ratio of 1.05, a current ratio of 3.23 and a debt-to-equity ratio of 1.61. Amcon Distributing has a fifty-two week low of $117.00 and a fifty-two week high of $205.00.
Wall Street Analyst Weigh In
Separately, StockNews.com assumed coverage on shares of Amcon Distributing in a report on Monday, January 13th. They issued a "hold" rating for the company.
View Our Latest Stock Analysis on DIT
Amcon Distributing Company Profile
(
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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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