AMCON Distributing (NYSEAMERICAN:DIT) Declares Special Dividend of $0.28

AMCON Distributing (NYSEAMERICAN:DIT) declared a special dividend on Thursday, December 19th,RTT News reports. Stockholders of record on Monday, December 30th will be paid a dividend of 0.28 per share on Friday, January 31st.

AMCON Distributing Stock Up 5.4 %

AMCON Distributing stock traded up $7.03 during trading on Thursday, reaching $137.03. The stock had a trading volume of 139 shares, compared to its average volume of 277. The company has a quick ratio of 0.91, a current ratio of 2.46 and a debt-to-equity ratio of 1.23. AMCON Distributing has a 52-week low of $118.25 and a 52-week high of $209.50. The company has a market capitalization of $89.07 million, a P/E ratio of 19.11 and a beta of 0.57.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on AMCON Distributing in a research report on Sunday. They set a “hold” rating on the stock.

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 through Wholesale Distribution and Retail Health Food segments. 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.