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Showing posts with the label Armanino Foods of Distinction

Armanino Foods of Distinction hikes dividend by 25%

Armanino Foods of Distinction (AMNF) will do a second dividend hike in 2025. The dividend yield is 1.9% at a stock price of $10.25.

Armanino Foods of Distinction hikes dividend by 10.2%

Armanino Foods Of Distinction Inc (AMNF) will hike its quarterly dividend by 10.2% to 4 cents per share in 2025. This marks the 5th consecutive year of increased dividends by AMNF.

Armanino Foods of Distinction hikes dividend by 10% and pays $0.10 special dividend

Armanino Foods of Distinction will pay a $0.10 per share special dividend in April 2024. The regular quarterly dividend will be raised by 10% to $0.0363 per share.

Armanino Foods of Distinction hikes dividend by 10%

Armanino Foods of Distinction (AMNF) will hike its dividend by 10% in 2023.

Armanino Foods of Distinction hikes dividend by 9.1%

Armanino Foods of Distinction Inc. (AMNF) will hike its quarterly dividend by 9.1 percent to $0.03 per share in Q2 of 2021. The next dividend will be payable to shareholders of record on April 29, 2022. The next ex-dividend date for AMNF is July 7, 2022. Armanino Foods of Distinction, Inc. is an international food company that manufactures and markets frozen Italian specialty food items such as pestos, sauces and filled pastas to the foodservice, retail, and industrial markets. In addition to a classic Basil Pesto Armanino offers other flavors such as Cilantro, Dried Tomato & Garlic, Roasted Red Bell Pepper, Southwest Chipotle, Artichoke, Roasted Garlic, Light Basil Pesto, Chimichurri, Bolognese and Alfredo sauce. Armanino’s organic line includes classic Basil Pesto. Armanino Foods also offers cheese shakers, frozen pastas and meatballs.

Armanino Foods of Distinction hikes dividend by 22.2%

Armanino Foods of Distinction Inc. (AMNF) will hike its quarterly dividend by another 22,2 percent to $0.0275 per share in Q2 of 2021. This follows a dividend hike of 28.6 percent to $0.275 per share earlier in 2021. Last year the food company cut its quarterly dividend by 36.4 percent to $0.0175 per share. Earlier in 2020 the Italian food products company had raised its quarterly dividend by 10.0 percent $0.0275 per share, marking the 15th consecutive year of dividend increases. The next dividend will be payable to shareholders of record on July 8, 2021 and will be disbursed on or about July 28, 2021. A new annual dividend rate of 11 cents yields 3,1% at a stock price of $3.46. Douglas R. Nichols, Chairman of the Board, stated, “Based on our current financial metrics, we remain confident in the resilience of our Company. As a result, we are pleased to announce that we are increasing our dividend by 22%. This is the second consecutive quarter that we have increased the Company’s divide...

Armanino Foods of Distinction hikes dividend by 28.6%

Armanino Foods of Distinction Inc. (AMNF) will hike its quarterly dividend by 28.6 percent to $0.225 per share in 2021. Last year the food company cut its quarterly dividend by 36.4 percent to $0.0175 per share. Earlier in 2020 the Italian food products company had raised its quarterly dividend by 10.0 percent $0.0275 per share, marking the 15th consecutive year of dividend increases. The dividend will be payable to shareholders of record on April 6, 2021 and will be disbursed on or about April 28, 2021. This is the Company’s 83rd consecutive quarterly dividend. In addition, the Company has had ten special dividends. The new annual dividend rate yields 3.0% at a stock price of $2.98. Douglas R. Nichols, Chairman of the board stated, “The strength and resilience of our Company continues to be proven as we emerge from the ongoing macroeconomic situation. As a result, we are pleased to announce that we are increasing our dividend by 29% versus the previous three quarters. Despite the obst...

Armanino Foods of Distinction cuts dividend by 36.4%

Armanino Foods of Distinction Inc. (AMNF) will cut its quarterly dividend by 36.4 percent to $0.0175 per share. Earlier this year the Italian food products company raised its quarterly dividend by 10.0 percent $0.0275 per share, marking the 15th consecutive year of dividend increases. The next dividend will be paid on July 24, 2020 to shareholders of record on July 1, 2020. A new annualized dividend rate of 7 cents per share yields 3.0% at a stock price of $2.36. Including the hike announced in Q1 the dividend now is 30.0 percent lower than in 2019. Douglas R. Nichols, Chairman of the board stated, “As previously disclosed, we expect to report a loss for our second quarter ending June 30, 2020; however, thanks to the strength of our balance sheet, Armanino Foods will continue our proud tradition of rewarding our shareholders with a quarterly dividend payment despite the adverse effect that the COVID 19 pandemic has had on our business in Q2. Because we are seeing sales continue to ...

Armanino Foods of Distinction hikes dividend by 10%

Armanino Foods of Distinction Inc. (AMNF) will raise its quarterly dividend by 10.0 percent $0.0275 per share in 2020. This marks the 15th consecutive year of dividend increases by AMNF. The next dividend will be paid on April 24, 2020 to shareholders of record on April 1, 2020. A new annualized dividend rate of 11 cents per share yields 3.4% at a stock price of $3.22. Last year AMNF hiked its dividend by 11.1 percent. Armanino Foods of Distinction, Inc. is an international food company that manufactures and markets frozen Italian specialty food items such as pestos, sauces and filled pastas to the foodservice, retail, and industrial markets. In addition to a classic Basil Pesto Armanino offers other flavors such as Cilantro, Dried Tomato & Garlic, Roasted Red Bell Pepper, Southwest Chipotle, Artichoke, Roasted Garlic, Light Basil Pesto, Chimichurri, Bolognese and Alfredo sauce. Armanino’s organic line includes classic Basil Pesto. Armanino Foods also offers cheese shakers, fro...

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