AMCON Distributing Company Announces $0.18 Quarterly Dividend

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AMCON Distributing Company, a leading Convenience and Foodservice Distributor, announces a $0.18 quarterly dividend per common share. The dividend is payable on May 13, 2024, to shareholders of record as of May 3, 2024. AMCON operates twelve distribution centers and fourteen health and natural product retail stores across various states.

OMAHA, Neb.--(BUSINESS WIRE)-- AMCON Distributing Company (“AMCON”) (NYSE American: DIT), an Omaha, Nebraska-based Convenience and Foodservice Distributor, is pleased to announce that the Board of Directors of AMCON declared a quarterly cash dividend of $0.18 per common share. This cash dividend is payable on May 13, 2024 to shareholders of record as of May 3, 2024.

AMCON, and its subsidiaries Team Sledd, LLC and Henry’s Foods, Inc., is a leading Convenience and Foodservice Distributor of consumer products, including beverages, candy, tobacco, groceries, foodservice, frozen and refrigerated foods, automotive supplies and health and beauty care products with twelve (12) distribution centers in Colorado, Illinois, Minnesota, Missouri, Nebraska, North Dakota, South Dakota, Tennessee, and West Virginia. Through its Healthy Edge Retail Group, AMCON operates fourteen (14) health and natural product retail stores in the Midwest and Florida.

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20240423806520/en/

Charles J. Schmaderer

AMCON Distributing Company

Ph 402-331-3727

Source: AMCON Distributing Company

FAQ

When is AMCON Distributing Company's quarterly dividend payable for shareholders?

AMCON Distribating Company's quarterly dividend of $0.18 per common share is payable on May 13, 2024, to shareholders of record as of May 3, 2024.

How many distribution centers does AMCON Distributing Company operate?

AMCON Distributing Company operates twelve (12) distribution centers in various states.

What type of products does AMCON Distributing Company distribute?

AMCON Distributing Company distributes consumer products such as beverages, candy, tobacco, groceries, foodservice, frozen and refrigerated foods, automotive supplies, and health and beauty care products.

Does AMCON Distributing Company operate retail stores?

Yes, AMCON Distributing Company operates fourteen (14) health and natural product retail stores through its Healthy Edge Retail Group.

What is the ticker symbol of AMCON Distributing Company?

The ticker symbol of AMCON Distributing Company is DIT.