Armanino Foods of Distinction, Inc. Raises Its Regular Quarterly Dividend by 16.67%
June 13 2013 - 1:18PM
Business Wire
Armanino Foods of Distinction, Inc. (OTC Pink Sheets Symbol:
AMNF) today declared an increased regular quarterly dividend of
$0.014 per share. This new level is an increase of 16.67% from the
prior regular quarterly dividend amount of $0.012. The dividend
will be payable on or about July 26, 2013 to shareholders of record
July 1, 2013. This dividend will be the Company’s 52nd consecutive
regular quarterly dividend. In addition, the Company has had ten
special dividends.
Douglas R. Nichols, Chairman of the board stated, “Our balance
sheet continues to be strong and think we should reward our
shareholders accordingly.”
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 and Alfredo sauce.
Armanino’s Organic line includes classic Basil Pesto. Frozen pastas
and meatballs are also offered by Armanino Foods.
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