Armanino Foods of Distinction, Inc. Raises Its Regular Quarterly Dividend by 16.67%
HAYWARD, Calif.--(BUSINESS WIRE)-- Armanino Foods of Distinction, Inc. (OTC Pink Sheets Symbol: AMNF) today declared an increased regular quarterly dividend of $0.014 per share. This new level is an increase of 16.67% from the prior regular quarterly dividend amount of $0.012. The dividend will be payable on or about July 26, 2013 to shareholders of record July 1, 2013. This dividend will be the Company's 52nd consecutive regular quarterly dividend. In addition, the Company has had ten special dividends.
Douglas R. Nichols, Chairman of the board stated, "Our balance sheet continues to be strong and think we should reward our shareholders accordingly."
Armanino Foods of Distinction, Inc. is an international food company that manufactures and markets frozen Italian specialty food items such as pestos, sauces and filled pastas to the foodservice, retail, and industrial markets. In addition to a classic Basil Pesto Armanino offers other flavors such as Cilantro, Dried Tomato & Garlic, Roasted Red Bell Pepper, Southwest Chipotle, Artichoke, Roasted Garlic, Light Basil Pesto and Alfredo sauce. Armanino's Organic line includes classic Basil Pesto. Frozen pastas and meatballs are also offered by Armanino Foods.
Armanino Foods of Distinction, Inc.
Edgar Estonina, CFO, 510-441-9300
KEYWORDS: United States North America California
The article Armanino Foods of Distinction, Inc. Raises Its Regular Quarterly Dividend by 16.67% originally appeared on Fool.com.
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