Amcon Distributing Company (NASDAQ:DIT – Get Free Report) announced a quarterly dividend on Tuesday, January 28th,RTT News reports. Shareholders 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 yield of 0.60%. The ex-dividend date is Friday, February 7th.
Amcon Distributing Price Performance
NASDAQ:DIT opened at $120.00 on Wednesday. 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. The company has a market cap of $78 million, a PE ratio of 20.13 and a beta of 0.58.
Wall Street Analyst Weigh In
Separately, StockNews.com started coverage on 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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