AMCON Distributing (NYSEAMERICAN:DIT) issued its quarterly earnings results on Friday, January 18th. The company reported $1.99 earnings per share for the quarter, Bloomberg Earnings reports. The company had revenue of $344.73 million for the quarter.
DIT stock traded up $0.50 on Monday, hitting $89.02. The company’s stock had a trading volume of 14 shares, compared to its average volume of 237. AMCON Distributing has a 1 year low of $77.00 and a 1 year high of $105.00.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 4th. Stockholders of record on Monday, February 11th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, February 8th. This represents a $0.72 annualized dividend and a dividend yield of 0.81%.
AMCON Distributing Company Profile
AMCON Distributing Company, together with its subsidiaries, engages in the wholesale distribution of consumer products in the Central, Rocky Mountain, and Southern regions of the United States. It operates through two segments, Wholesale Distribution and Retail Health Food. The Wholesale Distribution segment distributes consumer products, including cigarettes and tobacco products, candy and other confectionery, beverages, groceries, paper products, health and beauty care products, frozen and chilled products, and institutional foodservice products.
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