Armanino Foods of Distinction raises quarterly dividend by 21.2%, to $0.04 per share.

Armanino Foods of Distinction, a frozen food company, has announced a 21.2% increase in its quarterly dividend to $0.04 per share, up from $0.03. Shareholders on record as of April 4th will receive the dividend on April 25th. The company, with a market cap of $249.81 million, reported a price-to-earnings ratio of 19.58 and revenue of $18.50 million in its latest earnings report.