AMCON Distributing Company Announces $0.18 Quarterly Dividend
AMCON Distributing Company (“AMCON”) (NYSE American: DIT), an Omaha, Nebraska based consumer products company 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 November 27, 2018 to shareholders of record as of November 7, 2018.
At the same time, the Board of Directors replenished the number of shares authorized for repurchase under AMCON’s existing
Common Stock repurchase program. The program provides for the purchase of up to 75,000 shares of AMCON’s common stock; the shares
may be purchased from time to time in open market or negotiated transactions.
AMCON is a leading wholesale distributor of consumer products, including beverages, candy, tobacco, groceries, foodservice,
frozen and chilled foods, and health and beauty care products with locations in Illinois, Missouri, Nebraska, North Dakota, South
Dakota and Tennessee. AMCON also operates twenty-two (22) health and natural product retail stores in the Midwest and Florida. The
retail stores operate under the names Akin’s Natural Foods Market
www.akins.com in its Midwest market, and Chamberlin's Market & Cafe
www.chamberlins.com, and Earth Origins Market
www.earthoriginsmarket.com in its Florida 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 Company
Christopher H. Atayan, 402-331-3727
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