Armanino Foods of Distinction, Inc. Raises Its Regular Quarterly Dividend by 16.67%

Before you go, we thought you'd like these...
Before you go close icon

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
amnf@armaninofoods.com

KEYWORDS:   United States  North America  California

INDUSTRY KEYWORDS:

The article Armanino Foods of Distinction, Inc. Raises Its Regular Quarterly Dividend by 16.67% originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners

Nature Gets Revenge On Safari Hunter Who Killed Elephants And Lions For Sport Nature Gets Revenge On Safari Hunter Who Killed Elephants And Lions For Sport
Man Is Horrified To Learn His Biological Father's Identity - But A Look In The Mirror Man Is Horrified To Learn His Biological Father's Identity - But A Look In The Mirror
12 Facts That Will Make You Smarter Than Your Friends 12 Facts That Will Make You Smarter Than Your Friends