Amcon Distributing Company (DIT) To Go Ex-Dividend on February 7th

Amcon Distributing Company (NASDAQ:DIT) announced a quarterly dividend on Tuesday, January 28th,RTT News reports. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.58%. The ex-dividend date of this dividend is Friday, February 7th.

Amcon Distributing Stock Performance

Amcon Distributing stock opened at $123.51 on Thursday. Amcon Distributing has a twelve month low of $117.00 and a twelve month high of $205.00. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.91 and a current ratio of 3.23. The stock has a market capitalization of $80.28 million, a PE ratio of 20.72 and a beta of 0.58.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on shares of Amcon Distributing in a research report on Monday, January 13th. They issued a “hold” rating for the company.

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.