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Microcap & Penny Stocks : AMNF (Armanino Foods of Distinction)
AMNF 10.19-0.1%1:56 PM EDT
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To: robert b furman who wrote (213)3/24/2025 9:13:41 AM
From: robert b furman1 Recommendation

Recommended By
E_K_S

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This stock is such a joy to own.

AMNF boosts dividend to record high (over a 10% jump). Now 16 cents annually.

It just is so much fun learning about a growth company that loves to reward shareholders:

Armanino Foods of Distinction, Inc. Increases Its Regular Quarterly by Over 10% to 4¢ Representing a New All Time HighPress Release | 03/24/2025
Armanino Foods of Distinction, Inc. (OTCQX: AMNF) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.04 per share representing a new all-time high. The dividend will be payable to shareholders of record on April 4, 2025, and will be disbursed on or about April 25, 2025. This is the Company’s 99th consecutive quarterly dividend. In addition, the Company has had eleven special dividends.

Douglas R. Nichols, Chairman of the Board stated, “The Board is confident in its decision to increase Armanino’s regular quarterly dividend by over 10%, resulting in a new all-time high of 4¢ per share. This is the 5th year in a row that the Company has increased its quarterly dividend rate. Although the Board considered the issuance of a special dividend, as it has done in the past, the Company remains currently focused on its $12M stock buyback program. Also, the Board is in the final stages of its CEO search, and plans on making a CEO related announcement within the next few weeks.”

Bob
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