AMCON Distributing (NYSEAMERICAN:DIT) Declares $0.28 Special Dividend

AMCON Distributing (NYSEAMERICAN:DITGet Free Report) declared a special dividend on Thursday, December 19th,RTT News reports. Shareholders of record on Monday, December 30th will be given a dividend of 0.28 per share on Friday, January 31st. The ex-dividend date is Monday, December 30th.

AMCON Distributing Trading Up 2.7 %

DIT opened at $135.00 on Friday. The company has a quick ratio of 0.91, a current ratio of 2.46 and a debt-to-equity ratio of 1.23. The stock has a market cap of $87.75 million, a PE ratio of 18.83 and a beta of 0.57. AMCON Distributing has a 52-week low of $118.25 and a 52-week high of $209.44.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on AMCON Distributing in a research report on Friday. They set a “hold” rating for the company.

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About AMCON Distributing

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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 Mid-South regions of the United States. It operates through Wholesale Distribution and Retail Health Food segments. 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 refrigerated products, and institutional foodservice products.

Further Reading

Dividend History for AMCON Distributing (NYSEAMERICAN:DIT)

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