Reminder - AMCON Distributing (DIT) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 10/31/13, AMCON Distributing Company (DIT) will trade ex-dividend, for its quarterly dividend of $0.18, payable on 11/26/13. As a percentage of DIT's recent stock price of $82.60, this dividend works out to approximately 0.22%.

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Below is a dividend history chart for DIT, showing historical dividends prior to the most recent $0.18 declared by AMCON Distributing Company:

DIT+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from DIT is likely to continue, and whether the current estimated yield of 0.87% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of DIT shares, versus its 200 day moving average:

AMCON Distributing Company 200 Day Moving Average Chart

Looking at the chart above, DIT's low point in its 52 week range is $59.35 per share, with $84.50 as the 52 week high point — that compares with a last trade of $82.60.

In Tuesday trading, AMCON Distributing Company shares are currently trading flat on the day.

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