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

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF - Get Free Report) announced a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Stockholders of record on Friday, April 4th will be given a dividend of 0.04 per share on Friday, April 25th. This represents a $0.16 annualized dividend and a dividend yield of 2.05%. 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

Armanino Foods of Distinction stock traded up $0.10 during trading hours on Friday, reaching $7.81. 29,586 shares of the stock were exchanged, compared to its average volume of 23,022. The stock has a market cap of $249.17 million, a P/E ratio of 19.53 and a beta of 0.32. The firm's 50 day moving average is $7.63 and its 200 day moving average is $7.17. Armanino Foods of Distinction has a 52-week low of $5.10 and a 52-week high of $8.20.

Armanino Foods of Distinction (OTCMKTS:AMNF - Get Free Report) last announced its quarterly earnings data on Monday, March 3rd. The company reported $0.13 EPS for the quarter. Armanino Foods of Distinction had a net margin of 19.11% and a return on equity of 41.38%. The firm had revenue of $18.50 million during 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.