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

Armanino Foods of Distinction (OTCMKTS:AMNF) released its earnings results on Wednesday. The company reported $0.13 earnings per share for the quarter, reports. The business had revenue of $17.67 million during the quarter. Armanino Foods of Distinction had a net margin of 16.76% and a return on equity of 36.81%.

Armanino Foods of Distinction Stock Performance

Shares of Armanino Foods of Distinction stock traded down $0.05 on Friday, reaching $6.76. 25,151 shares of the company’s stock were exchanged, compared to its average volume of 14,795. The company has a market capitalization of $216.69 million, a P/E ratio of 24.13 and a beta of 0.38. Armanino Foods of Distinction has a 52 week low of $4.35 and a 52 week high of $6.84. The firm’s 50-day moving average is $5.87 and its two-hundred day moving average is $5.68.

Armanino Foods of Distinction Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, October 25th. Shareholders of record on Monday, September 30th will be issued a dividend of $0.0363 per share. The ex-dividend date of this dividend is Monday, September 30th. Armanino Foods of Distinction’s payout ratio is 50.00%.

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.