AMCON Distributing Co (NYSE:DIT) Announces $0.18 Quarterly Dividend

AMCON Distributing Co (NYSE:DIT) declared a quarterly dividend on Wednesday, July 26th, Wall Street Journal reports. Investors of record on Monday, August 7th will be paid a dividend of 0.18 per share on Tuesday, August 29th. This represents a $0.72 annualized dividend and a yield of 0.77%. The ex-dividend date is Thursday, August 3rd.

Shares of AMCON Distributing (DIT) remained flat at $93.00 on Friday. The company’s stock had a trading volume of 209 shares. The stock has a market capitalization of $63.05 million and a price-to-earnings ratio of 18.19. The firm has a 50-day moving average price of $101.24 and a 200-day moving average price of $100.96. AMCON Distributing has a 52 week low of $87.80 and a 52 week high of $122.90.

An institutional investor recently raised its position in AMCON Distributing stock. Vanguard Group Inc. increased its position in AMCON Distributing Co (NYSE:DIT) by 1.2% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,794 shares of the company’s stock after buying an additional 101 shares during the period. Vanguard Group Inc. owned 1.30% of AMCON Distributing worth $925,000 as of its most recent SEC filing.

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AMCON Distributing Company Profile

AMCON Distributing Company (AMCON) and its subsidiaries are engaged in the wholesale distribution of consumer products in the Central, Rocky Mountain, and Southern regions of the United States. The Company has two segments: wholesale distribution segment (Wholesale segment) and retail health food segment (Retail Segment).

Dividend History for AMCON Distributing (NYSE:DIT)

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