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 of this dividend is Friday, February 7th.
Amcon Distributing Stock Down 5.9 %
DIT opened at $120.00 on Wednesday. The stock has a market capitalization of $78 million, a PE ratio of 20.13 and a beta of 0.58. Amcon Distributing has a 1 year low of $117.00 and a 1 year high of $205.00. The company has a quick ratio of 1.05, a current ratio of 3.23 and a debt-to-equity ratio of 1.61.
Wall Street Analysts Forecast Growth
Separately, StockNews.com assumed coverage on shares of Amcon Distributing in a report on Monday, January 13th. They issued a “hold” rating for the company.
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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