Armanino Foods of Distinction (OTCMKTS:AMNF) Issues Quarterly Earnings Results

Armanino Foods of Distinction (OTCMKTS:AMNF) posted its quarterly earnings results on Tuesday. The company reported $0.07 earnings per share (EPS) for the quarter, reports. The firm had revenue of $15.72 million for the quarter. Armanino Foods of Distinction had a net margin of 14.56% and a return on equity of 31.49%.

Armanino Foods of Distinction Stock Performance

OTCMKTS AMNF opened at $5.50 on Friday. The company has a market cap of $176.39 million, a P/E ratio of 19.64 and a beta of 0.34. The company has a fifty day simple moving average of $5.53 and a 200 day simple moving average of $4.98. Armanino Foods of Distinction has a 12-month low of $3.90 and a 12-month high of $6.30.

Armanino Foods of Distinction Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, April 29th. Stockholders of record on Friday, April 5th will be paid a $0.10 dividend. The ex-dividend date is Thursday, April 4th. This is a positive change from Armanino Foods of Distinction’s previous dividend of $0.03. Armanino Foods of Distinction’s payout ratio is currently 53.57%.

About Armanino Foods of Distinction

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.