Armanino Foods of Distinction, Inc., Raises Its Regular Quarterly Dividend by 14.3%
December 12 2013 - 3:23PM
Business Wire
Armanino Foods of Distinction, Inc. (OTC Pink: AMNF) today
declared an increased regular quarterly dividend of $0.016 per
share. This new level is an increase of 14.3% from the prior
regular quarterly dividend amount of $0.014. The dividend will be
payable on or about January 24, 2014 to shareholders of record
January 3, 2014. This dividend will be the Company’s 54th
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 Bolognese and Alfredo
sauce. Armanino’s Organic line includes classic Basil Pesto. Frozen
pastas, Turkey, Italian and Beef meatballs are also offered by
Armanino Foods.
For further information, please contact:Armanino Foods of
Distinction, Inc.Edgar Estonina, CFO,
510-441-9300amnf@armaninofoods.com
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