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Armanino Foods Declares
Regular Dividend for
First Quarter of 2007
HAYWARD, CA (March 29, 2007) The Board of Directors of Armanino Foods of Distinction, Inc. (Pink Sheets Symbol: AMNF) have declared the Company’s regular quarterly dividend of 1.25 cents per share for the first quarter of 2007. It will be payable on or about April 30, 2007 to shareholders of record as of April 12, 2007.
“This is the 27th consecutive dividend we have paid to our shareholders,” said William Armanino, the Company’s President and CEO. “We are pleased to be able to continue to reward our shareholders as we draw on our strong balance sheet and optimism toward the year ahead”.
Armanino Foods of Distinction, Inc. is an international food company that manufactures and markets frozen Italian specialty food items such as pesto sauces and filled pastas to the food service, 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 and Roasted Garlic. Armanino’s Organic line includes the classic Basil Pesto as well as the Dried Tomato & Garlic pesto. Frozen pastas, meatballs, other frozen meat and poultry products, spreads and Focaccia are also offered by Armanino.
This
press release contains forward-looking statements within the meaning of
U.S.
securities laws. These forward looking statements are subject to certain risks
and uncertainties that could cause the actual results to differ materially from
those projected. The Company assumes no obligation to update the information
included in this press release.
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