AMCON Distributing (NYSEAMERICAN:DIT) is scheduled to be releasing its earnings data after the market closes on Tuesday, January 16th.

Shares of AMCON Distributing (NYSEAMERICAN DIT) opened at $86.85 on Tuesday. AMCON Distributing has a twelve month low of $81.65 and a twelve month high of $122.90. The firm has a market capitalization of $62.23, a P/E ratio of 20.34 and a beta of 0.29.

The company also recently declared a special dividend, which will be paid on Monday, January 29th. Stockholders of record on Friday, January 5th will be issued a $0.28 dividend. The ex-dividend date of this dividend is Thursday, January 4th. This represents a dividend yield of 0.74%. AMCON Distributing’s dividend payout ratio (DPR) is 16.86%.

AMCON Distributing declared that its Board of Directors has approved a share buyback program on Thursday, December 21st that authorizes the company to buyback 5,000,000 shares. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Separately, TheStreet upgraded AMCON Distributing from a “c+” rating to a “b” rating in a research note on Wednesday, December 27th.

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About AMCON Distributing

AMCON Distributing Company (AMCON) and its subsidiaries are engaged in the wholesale distribution of consumer products in the Central, Rocky Mountain, and Southern regions of the United States. The Company has two segments: wholesale distribution segment (Wholesale segment) and retail health food segment (Retail Segment).

Earnings History for AMCON Distributing (NYSEAMERICAN:DIT)

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