Armanino Foods of Distinction (OTCMKTS:AMNF) Posts Earnings Results

Armanino Foods of Distinction (OTCMKTS:AMNF) issued 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 return on equity of 30.69% and a net margin of 13.78%.

Armanino Foods of Distinction Price Performance

Shares of OTCMKTS:AMNF opened at $5.50 on Thursday. The business’s 50 day moving average price is $5.52 and its 200-day moving average price is $4.97. The firm has a market capitalization of $176.39 million, a PE ratio of 20.37 and a beta of 0.34. Armanino Foods of Distinction has a 1 year low of $3.90 and a 1 year high of $6.30.

Armanino Foods of Distinction Increases Dividend

The company also recently declared 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 of this dividend 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 55.56%.

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.