Amcon Distributing's last quarterly dividend of $0.18 per share was on Nov 3, 2023 (ex-date). The annualized dividend payment of $0.72 per share represents a current dividend yield of 0.41%.
Amcon Distributing's dividend yield of 0.41% is lower than the Consumer Defensive sector and the industry average. If we compare it with the Consumer Defensive sector average of 2.44%, Amcon Distributing's dividend yield is 83% lower. The current dividend yield is less than the historical average of 0.6% of the last 5 years.
Amcon Distributing has a history of paying dividends since 2008. Our records of DIT show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed since one year ago. But with the stock price up by 10% from a year ago, the dividend yield marks a decrease of 9%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Nov 3, 2023 | Nov 17, 2023 | Oct 24, 2023 | $0.18 | normal |
| Aug 3, 2023 | Aug 17, 2023 | Jul 25, 2023 | $0.18 | normal |
| May 4, 2023 | May 18, 2023 | Apr 25, 2023 | $0.18 | normal |
| Feb 2, 2023 | Feb 16, 2023 | Jan 25, 2023 | $0.18 | normal |
| Nov 4, 2022 | Nov 30, 2022 | Oct 25, 2022 | $0.18 | normal |
| Aug 4, 2022 | Aug 29, 2022 | Jul 26, 2022 | $0.18 | normal |
| May 5, 2022 | May 31, 2022 | Apr 26, 2022 | $0.18 | normal |
| Feb 3, 2022 | Mar 1, 2022 | Jan 25, 2022 | $0.18 | normal |
| Dec 22, 2021 | Dec 30, 2021 | Dec 10, 2021 | $5 | special |
| Nov 4, 2021 | Nov 30, 2021 | Oct 26, 2021 | $0.18 | normal |
| Aug 5, 2021 | Aug 30, 2021 | Jul 27, 2021 | $0.18 | normal |
| May 6, 2021 | Jun 1, 2021 | Apr 27, 2021 | $0.18 | normal |
| Feb 4, 2021 | Mar 2, 2021 | Jan 26, 2021 | $0.18 | normal |
| Dec 31, 2020 | Jan 12, 2021 | Dec 22, 2020 | $5 | special |
| Nov 5, 2020 | Dec 1, 2020 | Oct 27, 2020 | $0.18 | normal |
| Jul 30, 2020 | Aug 24, 2020 | Jul 21, 2020 | $0.18 | normal |
| Apr 30, 2020 | May 26, 2020 | Apr 21, 2020 | $0.18 | normal |
| Feb 7, 2020 | Mar 4, 2020 | Jan 28, 2020 | $0.18 | normal |
| Jan 3, 2020 | Jan 28, 2020 | Dec 23, 2019 | $0.28 | special |
| Nov 5, 2019 | Nov 27, 2019 | Oct 22, 2019 | $0.18 | normal |
| Aug 2, 2019 | Aug 27, 2019 | Jul 23, 2019 | $0.18 | normal |
| May 3, 2019 | May 28, 2019 | Apr 23, 2019 | $0.18 | normal |
| Feb 8, 2019 | Mar 4, 2019 | Jan 30, 2019 | $0.18 | normal |
| Jan 4, 2019 | Jan 29, 2019 | Dec 21, 2018 | $0.28 | special |
| Nov 6, 2018 | Nov 27, 2018 | Oct 23, 2018 | $0.18 | normal |
| Aug 3, 2018 | Aug 28, 2018 | Jul 24, 2018 | $0.18 | normal |
| May 4, 2018 | May 30, 2018 | Apr 24, 2018 | $0.18 | normal |
| Feb 12, 2018 | Mar 6, 2018 | Jan 31, 2018 | $0.18 | normal |
| Jan 4, 2018 | Jan 29, 2018 | Dec 21, 2017 | $0.28 | normal |
| Nov 6, 2017 | Nov 27, 2017 | Oct 24, 2017 | $0.18 | normal |
| Aug 3, 2017 | Aug 29, 2017 | Jul 25, 2017 | $0.18 | normal |
| May 4, 2017 | May 30, 2017 | Apr 26, 2017 | $0.18 | normal |
Amcon Distributing's payout ratio of 3.6% is below the Consumer Defensive sector and the industry average. Compared to its Consumer Defensive sector average of 49.4%, Amcon Distributing's payout ratio is 93% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SPTN SpartanNash Co | 3.79% | $0.86 | 68.4% |
| SYY Sysco Corp | 2.72% | $1.98 | 55.3% |
| DIT Amcon Distributing Co | 0.42% | $0.72 | 3.6% |
Yes, Amcon Distributing has paid four dividends in the last 12 months. DIT has been paying dividends since 2008.
Currently DIT's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in February 2024.
Amcon Distributing's last dividend ex-date was on Nov 3, 2023. The dividend amount was $0.18 per share.
On an annual basis DIT pays $0.72 per share.
Amcon Distributing's current dividend yield is 0.41%.
Amcon Distributing pays four dividends per year.
The dividend payout ratio of Amcon Distributing is 3.6%.
Amcon Distributing's dividend yield is less than the Consumer Defensive sector average.