Amcon Distributing dividend yield calculator – AMCON Distributing Declares Special Dividend of $0.28 per Share

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AMCON ($NYSEAM:DIT) Distributing, one of the nation’s largest convenience products distributors, has recently announced a special dividend of $0.28 per share. This dividend is the result of the company’s strong financial performance over the past year. The company’s management believes that it is a good time to return some of the company’s profits to its shareholders, as it continues to generate strong financial results.

The special dividend from AMCON Distributing is an example of the company’s commitment to providing financial rewards to its shareholders. This latest dividend is yet another sign of AMCON Distributing’s strong financial performance and demonstrates its commitment to providing rewards to its shareholders.

Dividends – Amcon Distributing dividend yield calculator

This means that the dividend yield for the past three years has been 0.36%, on average. This is a decrease from the usual dividend yield of 0.72%. The special dividend is meant to reward shareholders for their ongoing support of the company. The announcement of the special dividend appears to be a part of AMCON Distributing‘s long-term dividend policy of rewarding shareholders with a steady and reliable dividend income.

This has been a beneficial policy for shareholders, as it has provided them with a reliable source of income over the past three years. While the current dividend yield might not be as high as usual, shareholders can still benefit from the long-term effects of the dividend policy.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Amcon Distributing. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Amcon Distributing. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Amcon Distributing. More…

Key Ratios Snapshot

Some of the financial key ratios for Amcon Distributing are shown below. More…

Share Price

The stock opened at a price of $192.8 and closed at $195.0, indicating a 1.1% increase from the previous closing price. This marks the fourth consecutive quarter that the company has declared a dividend to its shareholders. The special dividend reflects AMCON’s commitment to providing a high return on investments to its shareholders. The company has been consistently rewarding its shareholders with reliable dividends over the last few years, indicating its financial strength and stability.

Furthermore, this dividend is expected to draw additional investors into the stock, further strengthening AMCON’s shareholder base and allowing it to continue to grow and expand its operations. Overall, AMCON’s special dividend declaration appears to be a positive sign for the company’s future growth prospects. With its consistent dividends and a strong financial position, AMCON is well-positioned to capitalize on future opportunities and continue to deliver value to its shareholders in the years to come. Live Quote…

Analysis

Analyzing the financials of AMCON DISTRIBUTING with GoodWhale, we find that the company is classified as a ‘cheetah’ – a type of company that has achieved high revenue or earnings growth but is considered less stable due to lower profitability. AMCON DISTRIBUTING has a high health score of 8/10 with regard to its cashflows and debt, indicating that it is capable to safely ride out any crisis without the risk of bankruptcy. With regard to its overall financials, AMCON DISTRIBUTING is strong in asset, dividend, and growth and medium in profitability. Investors looking for high growth and performance in a relatively unstable company may be interested in investing in AMCON DISTRIBUTING. However, investors should be aware of the risk associated with such companies, and ensure that the investment strategy and portfolio composition is suitable for the expected returns. More…

Peers

The competition between Amcon Distributing Co and its competitors Metcash Ltd, SpartanNash Co, and iFresh Inc is fierce. These companies are all striving to provide their customers with the best products, services, and prices in the industry. Each company is looking for ways to outpace the competition and gain a competitive edge in the market. By leveraging their strengths, these companies are constantly innovating and pushing each other to be better.

– Metcash Ltd ($ASX:MTS)

Metcash Ltd is a leading Australian distributor and marketer of groceries, fresh food, and hardware. It has a market capitalisation of 3.99 billion as of 2022, indicating that the company is well-established and performing well. Metcash’s return on equity (ROE) of 22.07% is a measure of the profitability of the company and shows that Metcash has been able to generate strong returns for shareholders. The company’s strong financials indicate that it is well-positioned to continue to operate successfully in the future.

– SpartanNash Co ($NASDAQ:SPTN)

SpartanNash Co is a large food distributor and grocery retailer in the United States. As of 2022, the company has a market cap of 1.11 billion US dollars and a Return on Equity of 7.43%. Market capitalization is a measure of the company’s size and reflects the total value of its outstanding shares. The Return on Equity (ROE) measures how efficiently a company generates profits from the capital it has raised from shareholders. SpartanNash Co’s market cap and ROE indicate a healthy company that is able to generate significant profits from its operations.

– iFresh Inc ($OTCPK:IFMK)

iFresh Inc is a leading Asian American grocery supermarket chain and online grocer specializing in fresh produce, seafood and other products. The company currently operates over 20 stores across the United States, with a focus on the East Coast. As of 2022, iFresh Inc has a market cap of 182.92k, which reflects the overall value of the company. Furthermore, iFresh Inc has a Return on Equity (ROE) of -0.95%. This indicates that the company has been unable to generate sufficient returns on its invested capital and could be an indicator of financial distress.

Summary

AMCON Distributing is an American wholesale distributor and convenience store operator that recently declared a special dividend of $0.28 per share. The dividend’s yield to shareholders will amount to nearly 3%, which is an attractive return on investment in these uncertain times. AMCON Distributing has a strong track record of steady growth, solid sales figures, and high dividend payments. This dividend payout will further solidify the company’s reputation for being a reliable and secure long-term investment.