StockNews.com started coverage on shares of Amcon Distributing (NASDAQ:DIT – Free Report) in a report released on Thursday. The brokerage issued a hold rating on the stock.
Amcon Distributing Stock Performance
DIT stock opened at $128.61 on Thursday. Amcon Distributing has a 12 month low of $118.25 and a 12 month high of $209.44. The stock has a market capitalization of $82.95 million, a price-to-earnings ratio of 17.94 and a beta of 0.57.
Amcon Distributing Announces Dividend
The business also recently disclosed a special dividend, which will be paid on Friday, January 31st. Shareholders of record on Monday, December 30th will be issued a $0.28 dividend. The ex-dividend date is Monday, December 30th. Amcon Distributing’s dividend payout ratio (DPR) is presently 10.04%.
Amcon Distributing Company Profile
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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