Armanino Foods of Distinction, Inc., Announces Special and Regular Quarterly Dividend
September 13 2012 - 3:06PM
Business Wire
Armanino Foods of Distinction, Inc. (OTC Pink Sheets Symbol:
AMNF) announced today that its board of directors has declared its
regular quarterly cash dividend of $0.012 per share and a special
dividend of an additional $0.012 per share payable to shareholders
of record October 4, 2012. The dividends will be disbursed on or
about October 26, 2012. This is the Company’s 49th consecutive
regular quarterly dividend in addition to the ten special dividends
over the same period.
Douglas R. Nichols, Chairman of Armanino Foods stated, “The
Company’s financial performance has been exceptional reflected by
our strong balance sheet. We felt this was an appropriate time to
issue a special dividend given the uncertainty over tax rates on
dividends going forward.”
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 and Light Basil Pesto. Armanino’s Organic
line includes classic Basil Pesto. Frozen pastas, sauces and
meatballs are also offered by Armanino Foods.
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