AMCON Distributing (DIT) to Issue Dividend of $5.00 on January 12th

AMCON Distributing (NYSEAMERICAN:DIT) declared a dividend on Tuesday, December 22nd, Fidelity reports. Stockholders of record on Monday, January 4th will be paid a dividend of 5.00 per share on Tuesday, January 12th. The ex-dividend date is Thursday, December 31st. This is a boost from AMCON Distributing’s previous dividend of $0.18.

Shares of DIT traded up $3.48 during midday trading on Tuesday, hitting $107.50. The company had a trading volume of 1,986 shares, compared to its average volume of 272. AMCON Distributing has a 1 year low of $52.05 and a 1 year high of $108.50.

AMCON Distributing (NYSEAMERICAN:DIT) last posted its earnings results on Monday, November 9th. The company reported $5.00 earnings per share for the quarter. The business had revenue of $426.44 million for the quarter.

About AMCON Distributing

AMCON Distributing Company, together with its subsidiaries, engages in the wholesale distribution of consumer products in the Central, Rocky Mountain, and Mid-South regions of the United States. It operates in two segments, Wholesale Distribution and Retail Health Food. The Wholesale Distribution segment distributes consumer products, including cigarettes and tobacco products, candy and other confectionery, beverages, groceries, paper products, health and beauty care products, frozen and refrigerated products, and institutional foodservice products.

Further Reading: Why is a lock-up period needed for an IPO?

Dividend History for AMCON Distributing (NYSEAMERICAN:DIT)

Receive News & Ratings for AMCON Distributing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMCON Distributing and related companies with's FREE daily email newsletter.