AMCON Distributing Co (NYSEAMERICAN:DIT) announced a quarterly dividend on Thursday, January 31st, Wall Street Journal reports. Stockholders of record on Monday, February 11th will be paid a dividend of 0.18 per share on Monday, March 4th. This represents a $0.72 annualized dividend and a dividend yield of 0.76%. The ex-dividend date is Friday, February 8th.
Shares of NYSEAMERICAN:DIT traded up $0.72 during midday trading on Thursday, hitting $94.93. The company’s stock had a trading volume of 127 shares, compared to its average volume of 274. AMCON Distributing has a fifty-two week low of $77.00 and a fifty-two week high of $105.00.
AMCON Distributing (NYSEAMERICAN:DIT) last issued its quarterly earnings results on Friday, January 18th. The company reported $1.99 earnings per share (EPS) for the quarter. The business had revenue of $344.73 million during the quarter.
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AMCON Distributing Company, together with its subsidiaries, engages in the wholesale distribution of consumer products in the Central, Rocky Mountain, and Southern regions of the United States. It operates through two segments, Wholesale Distribution and Retail Health Food. The Wholesale Distribution segment distributes consumer products, including cigarettes and tobacco products, candy and other confectionery, beverages, groceries, paper products, health and beauty care products, frozen and chilled products, and institutional foodservice products.
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