Amcon Distributing dividend yield calculator – AMCON Distributing Pays Out Same Quarterly Dividend of $0.18 Per Share

Trending News ☀️

Amcon Distributing dividend yield calculator – AMCON ($NYSEAM:DIT) Distributing is a leading distributor of consumer products, including health and beauty, food, beverages, and household items. Recently, AMCON Distributing announced that it will pay a quarterly dividend of $0.18 per share, the same amount as the preceding quarter. The dividend will be payable on February 16 to shareholders on record as of February 3, with the ex-dividend date set for February 2. For those interested in investing in AMCON Distributing, SeekingAlpha’s DIT Dividend Scorecard, Yield Chart, and Dividend Growth are excellent resources. The DIT Dividend Scorecard provides an overview of the company’s financial performance, with key metrics such as Return on Equity (ROE), Dividend Yield, and Payout Ratio.

The Yield Chart provides a snapshot of the company’s dividend history over the past five years, along with the current dividend yield. Finally, the Dividend Growth page gives investors an idea of how AMCON Distributing’s dividend has grown over time. AMCON Distributing has a long history of paying dividends to its shareholders, making it an attractive investment opportunity. The company’s focus on consumer products makes it well-positioned to take advantage of market trends, and its strong financial performance indicates that it can continue to pay out dividends in the future. Investors interested in receiving a steady income stream should consider adding AMCON Distributing to their portfolios.

Dividends – Amcon Distributing dividend yield calculator

This dividend has been consistent, with the company issuing an annual dividend per share of 0.72 USD in each of the past three years. The dividend yields from 2021 to 2023 are projected to be 0.29%, 0.4%, and 0.53%, respectively, with an average dividend yield of 0.41%. The company is looking to use its cash flow to reinvest in the company and improve its operations, which should ultimately benefit shareholders. Overall, AMCON Distributing‘s decision to keep the same dividend rate for the past three years is a positive move for both the company and its investors.

It shows that the company is committed to rewarding its shareholders while also reinvesting in its own growth. This should provide long-term stability and returns for those who invest in AMCON.

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 $179.9 and closed at $169.3, a drop of 5.4% from the prior closing price of 179.0. This marks the sixth consecutive quarter that AMCON DISTRIBUTING has paid out the same dividend to its shareholders. The announcement from AMCON DISTRIBUTING was welcomed by investors, who have grown accustomed to a steady and reliable dividend from the company. The continued dividend payment is also a sign that the company’s business model is performing well and remains profitable. This is especially important in the current economic climate, where many businesses are struggling to stay afloat.

The dividend payment also highlights AMCON DISTRIBUTING’s commitment to its shareholders and its long-term strategy to generate returns. The company’s ability to consistently pay out dividends is a testament to its strong financial position and management’s ability to make sound decisions. Investors can expect the same dividend from AMCON DISTRIBUTING in the coming quarters as well, and the company may even increase it if its financial situation improves further. This is good news for shareholders, who can continue to count on regular dividend payments from the company. Live Quote…

VI Analysis – Amcon Distributing Intrinsic Value Calculator

Analyzing a company’s fundamentals is essential for understanding its long-term potential. VI app simplifies this process and makes it easier to evaluate a company’s performance and potential. Using the app, it has been determined that the intrinsic value of AMCON DISTRIBUTING’s share is around $150.4. This means that the stock is currently trading at $169.3, which is a 13% overvaluation. Therefore, it could be a good idea for investors to consider whether now is the right time to buy or sell their shares. The company’s fundamentals should be taken into consideration, such as its financial health, profitability, and growth prospects. In addition, investors should also assess the industry and market conditions before investing in any stock. All of these factors can help investors determine whether the stock is currently overvalued or undervalued. By taking into account all of the relevant information, investors can make an informed decision on whether they should invest in AMCON DISTRIBUTING’s stock. This will help them make sure they get the best possible return on their investment. Additionally, it will help them avoid potential losses due to an overvalued stock. By using the VI app, investors can easily analyze the company’s fundamentals and make an informed decision about their investment. More…

VI 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

Investing in AMCON Distributing Company has been a fairly stable option for investors. The company has consistently paid out a quarterly dividend of $0.18 per share, and despite stock prices fluctuating over time, the dividend remains consistent. This makes it an attractive option for conservative, income-seeking investors. As with any investment, it is important to thoroughly research the company, their financials, and the industry before investing.

Additionally, it would be prudent to diversify investments and not to rely solely on AMCON Distributing Company as a source of income.