Armanino Foods Announces Dividend Increase to a New All-Time High

PLEASANTON, Calif.--(BUSINESS WIRE)--Armanino Foods of Distinction, Inc. (OTCQX: AMNF) (the “Company”) today announced that its Board of Directors has approved an increase in the Company’s quarterly cash dividend to $0.05 per share, up from the prior quarterly cash dividend of $0.04 per share. This marks a new all-time high for the Company’s dividend payment and represents the 102nd consecutive quarter of dividend distributions.

The dividend will be payable on or around October 24, 2025, to shareholders of record as of the close of business on September 30, 2025.

James Ford, Chairman of the Board, commented, “this milestone underscores the resilience and strength of our business. Over the last several years, we have delivered record top and bottom-line results while maintaining disciplined capital allocation. Today’s increase reflects our continued confidence in the long-term trajectory of the Company and our unwavering commitment to creating value for our shareholders.”

Deanna Jurgens, Chief Executive Officer, added, “Armanino Foods is operating from a position of strength thanks to our dedicated team, strong brand, and disciplined growth strategy. This dividend increase not only demonstrates our strong financial performance but also reaffirms our focus on returning value to shareholders while investing in opportunities that will drive sustainable growth into the future.”

This dividend increase highlights Armanino’s consistent track record of financial strength, disciplined management, and shareholder value creation.

About Armanino Foods of Distinction, Inc.

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

Cautionary Statements Regarding Forward-Looking Information

Statements in this news release regarding our expectations and beliefs about our future financial performance and trends in our markets are “forward-looking statements” as defined in the Private Securities Litigations Reform Act of 1995. Forward-looking statements often include the words “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate,” “project,” or words of similar meaning, or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.”

The forward-looking statements in this news release regarding our future financial performance are based on current information and because our business is subject to several risks and uncertainties, actual operating results in the future may differ significantly from the future financial performance expected at the current time. Those risks and uncertainties may include, among others: economic factors affecting consumer confidence and discretionary spending and reducing the consumption of food prepared away from home; cost inflation/deflation and commodity volatility; competition; reliance on third party suppliers and interruption of product supply or increases in product costs; changes in the Company’s relationships with customers and group purchasing organizations; the Company’s ability to increase or maintain the highest margin portions of the Company’s business; achievement of expected benefits from cost savings initiatives; increases in fuel costs; changes in consumer eating habits; cost and pricing structures and other governmental regulation. The forward-looking statements contained in this press release speak only as of the date of this press release and are based on information and estimates available to the Company at this time. We undertake no obligation to update or revise any forward-looking statements, except as may be required by law.

The best source of information on the company is the OTC Markets website (http://www.otcmarkets.com/stock/AMNF/company-info).