AMCON Distributing Company Announces $0.10 Quarterly Dividend
April 24 2009 - 6:00AM
Business Wire
AMCON Distributing Company (�AMCON�) (AMEX:DIT), an Omaha,
Nebraska based consumer products company is pleased to announce
that the Board of Directors has declared a cash dividend of $0.10
per share payable on May 22, 2009 to shareholders of record as of
May 4, 2009.
�We expect business conditions to be difficult for the
foreseeable future. The recent adverse tobacco legislation, high
levels of unemployment and dislocation in the financial sector will
continue to impact both of our business segments,� said Christopher
H. Atayan AMCON�s Chairman and Chief Executive Officer. �We
maintain a conservative posture to enhance value for our customers
which we believe will best protect the interests of our
shareholders.�
AMCON is a leading wholesale distributor of consumer products,
including beverages, candy, tobacco, groceries, food service,
frozen and chilled foods, and health and beauty care products with
distribution centers in Illinois, Missouri, Nebraska, North Dakota
and South Dakota. Chamberlin's Natural Foods, Inc. and Health Food
Associates, Inc., both wholly-owned subsidiaries of The Healthy
Edge, Inc., operate health and natural product retail stores in
central Florida (6), Kansas, Missouri, Nebraska and Oklahoma (4).
The retail stores operate under the names Chamberlin's Market &
Cafe and Akins Natural Foods Market.
This news release contains forward-looking statements that are
subject to risks and uncertainties and which reflect management's
current beliefs and estimates of future economic circumstances,
industry conditions, Company performance and financial results. A
number of factors could affect the future results of the Company
and could cause those results to differ materially from those
expressed in the Company's forward-looking statements including,
without limitation, availability of sufficient cash resources to
conduct its business and meet its capital expenditures needs and
the other factors described under Item 1.A. of the Company�s Annual
Report on Form 10-K. Moreover, past financial performance should
not be considered a reliable indicator of future performance.
Accordingly, the Company claims the protection of the safe harbor
for forward-looking statements contained in the Private Securities
Litigation Reform Act of 1995 with respect to all such
forward-looking statements.
Visit AMCON Distributing Company's
web site at: www.amcon.com
AMCON Distributing (AMEX:DIT)
Historical Stock Chart
From Aug 2024 to Sep 2024
AMCON Distributing (AMEX:DIT)
Historical Stock Chart
From Sep 2023 to Sep 2024