StockNews.com assumed coverage on shares of Amcon Distributing (NASDAQ:DIT – Free Report) in a research note issued to investors on Thursday morning. The brokerage issued a hold rating on the stock.
Amcon Distributing Trading Up 0.5 %
Shares of Amcon Distributing stock opened at $128.61 on Thursday. The stock has a market capitalization of $82.95 million, a P/E ratio of 17.94 and a beta of 0.57. Amcon Distributing has a 1 year low of $118.25 and a 1 year high of $209.44.
Amcon Distributing Announces Dividend
The firm also recently disclosed a special dividend, which will be paid on Friday, January 31st. Investors of record on Monday, December 30th will be given a $0.28 dividend. The ex-dividend date is Monday, December 30th. Amcon Distributing’s dividend payout ratio (DPR) is presently 10.04%.
Amcon Distributing Company Profile
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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