Armanino Foods of Distinction, Inc., Raises Its Regular Quarterly Dividend
HAYWARD, Calif. -- December 12, 2013
Armanino Foods of Distinction, Inc. (OTC Pink: AMNF) today declared an
increased regular quarterly dividend of $0.016 per share. This new level is an
increase of 14.3% from the prior regular quarterly dividend amount of $0.014.
The dividend will be payable on or about January 24, 2014 to shareholders of
record January 3, 2014. This dividend will be the Company’s 54^th consecutive
regular quarterly dividend. In addition, the Company has had ten special
Douglas R. Nichols, Chairman of the board stated “Our balance sheet continues
to be strong and think we should reward our shareholders accordingly.”
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, Light Basil Pesto Bolognese and Alfredo sauce.
Armanino’s Organic line includes classic Basil Pesto. Frozen pastas, Turkey,
Italian and Beef meatballs are also offered by Armanino Foods.
For further information, please contact:
Armanino Foods of Distinction, Inc.
Edgar Estonina, CFO, 510-441-9300
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