Armanino Foods of Distinction (AMNF) will raise its quarterly dividend by 11.1 percent $0.025 per share in 2019. This marks the 14th consecutive year of dividend increases by AMNF.

The dividend will be disbursed on or about April 26, 2019 to shareholders of record on April 1, 2019. This dividend will be the Company’s 75th consecutive regular quarterly dividend. In addition, the Company has had ten special dividends.

A new annual dividend rate of 10 cents per share yields 3.0% at a stock price of $3.33.

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, Chimichurri, Bolognese and Alfredo sauce. Armanino’s organic line includes classic Basil Pesto. Armanino Foods also offers cheese shakers, frozen pastas and meatballs.