Armanino Foods of Distinction, Inc., Announces Special and Regular Quarterly Dividend
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3:06 PM ET 9/13/12 | BusinessWire
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.
SOURCE: Armanino Foods of Distinction, Inc.
Armanino Foods of Distinction, Inc.
Edgar Estonina, 510-441-9300
CFO
armaninofoods
