AMCON Distributing - DIT Stock Forecast, Price & News

AMCON Distributing saw a drop in short interest during the month of July. As of July 31st, there was short interest totaling 500 shares, a drop of 54.5% from the July 15th total of 1,100 shares. Based on an average daily volume of 1,500 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the shares of the company are short sold.
View AMCON Distributing's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
View our DIT earnings forecast.

AMCON Distributing (NYSEAMERICAN:DIT) issued its quarterly earnings results on Monday, July, 18th. The company reported $10.27 EPS for the quarter. The business had revenue of $550.58 million for the quarter. AMCON Distributing had a trailing twelve-month return on equity of 20.88% and a net margin of 0.92%.

AMCON Distributing declared a quarterly dividend on Thursday, July 28th. Stockholders of record on Friday, August 5th will be given a dividend of $0.18 per share on Monday, August 29th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.33%. The ex-dividend date is Thursday, August 4th.
Read our dividend analysis for DIT.

AMCON Distributing (NYSEAMERICAN:DIT) pays an annual dividend of $0.72 per share and currently has a dividend yield of 0.35%. The dividend payout ratio is 2.67%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for DIT.

Based on aggregate information from My MarketBeat watchlists, some companies that other AMCON Distributing investors own include AT&T (T), Cinemark (CNK), Enterprise Products Partners (EPD), General Motors (GM), Southern (SO), Suncor Energy (SU), Teekay LNG Partners (TGP), Tapestry (TPR), Verizon Communications (VZ) and Walgreens Boots Alliance (WBA).

AMCON Distributing trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "DIT."

AMCON Distributing's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (1.83%), CM Management LLC (0.77%) and JPMorgan Chase & Co. (0.06%).
View institutional ownership trends.

Shares of DIT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DIT stock can currently be purchased for approximately $220.00.

AMCON Distributing (NYSEAMERICAN:DIT) has a market capitalization of $128.70 million and generates $1.67 billion in revenue each year. The company earns $15.55 million in net income (profit) each year or $26.99 on an earnings per share basis.

The company employs 749 workers across the globe.

AMCON Distributing's mailing address is 68164-7940 7405 Irvington Rd PO Box 641940, OMAHA, NE 68164-7940, United States. The official website for the company is www.amcon.com. The company can be reached via phone at (402) 331-3727, via email at investorrelations@amcon.com, or via fax at 402-331-4834.