As the header for this stocks states "management is stock holder friendly".
This has once again been shown with another dividend increase of 12.5 %.
The new stated dividend will now be 2.25 cents per share per quarter!!
I love this stock as it is perhaps the best place to store excess funds - it has very little price change and preserves its value well .
HAYWARD, Calif.--(BUSINESS WIRE)-- Armanino Foods of Distinction, Inc. (OTC Pink: AMNF) today declared an increased regular quarterly dividend of $0.0225 per share. This new level is an increase of 12.5% from the prior regular quarterly dividend amount of $0.02. The dividend will be disbursed on or about April 27, 2018 to shareholders of record on April 2, 2018. This dividend will be the Company’s 71st consecutive regular quarterly dividend. In addition, the Company has had ten special dividends.
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.
Bob |
