Armanino Foods of Distinction (OTCMKTS:AMNF) Releases Earnings Results

Armanino Foods of Distinction (OTCMKTS:AMNF) posted its earnings results on Tuesday. The company reported $0.07 EPS for the quarter, reports. The firm had revenue of $15.72 million during the quarter. Armanino Foods of Distinction had a return on equity of 30.69% and a net margin of 13.78%.

Armanino Foods of Distinction Stock Performance

OTCMKTS AMNF opened at $5.50 on Thursday. The stock has a 50 day moving average price of $5.52 and a 200-day moving average price of $4.97. Armanino Foods of Distinction has a one year low of $3.90 and a one year high of $6.30. The company has a market capitalization of $176.39 million, a P/E ratio of 20.37 and a beta of 0.34.

Armanino Foods of Distinction Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, April 29th. Stockholders of record on Friday, April 5th will be given a dividend of $0.10 per share. This is an increase from Armanino Foods of Distinction’s previous dividend of $0.03. The ex-dividend date of this dividend is Thursday, April 4th. Armanino Foods of Distinction’s dividend payout ratio is currently 55.56%.

Armanino Foods of Distinction Company Profile

Armanino Foods of Distinction, Inc produces and markets frozen food products in the United States. The company offers gourmet beef, Italian style beef and pork, and smoked turkey meatballs; grated parmesan and 3 cheese blend cheese; and various pesto, such as basil, artichoke, cilantro, dried tomato and garlic, roasted garlic, roasted red bell pepper, and southwest chipotle.