Amcon Distributing Company (NASDAQ:DIT – Get Free Report) announced a quarterly dividend on Tuesday, January 28th,RTT News reports. Stockholders of record on Friday, February 7th will be given a dividend of 0.18 per share on Friday, February 28th. This represents a $0.72 annualized dividend and a dividend yield of 0.58%. The ex-dividend date of this dividend is Friday, February 7th.
Amcon Distributing Stock Up 3.8 %
DIT stock opened at $123.51 on Thursday. Amcon Distributing has a 12 month low of $117.00 and a 12 month high of $205.00. The firm has a market capitalization of $80.28 million, a PE ratio of 20.72 and a beta of 0.58. The company has a current ratio of 3.23, a quick ratio of 0.91 and a debt-to-equity ratio of 1.61.
Analyst Upgrades and Downgrades
Separately, StockNews.com initiated coverage on shares of Amcon Distributing in a report on Monday, January 13th. They set a “hold” rating on the stock.
About Amcon Distributing
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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