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March 1, 2006
Fourth Quarter
Financial Results

2005 Financial Statement





 

 

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Armanino Foods of Distinction 
Increases Quarterly Dividend by 25%

HAYWARD, Ca. — March 30th, 2006 --- Armanino Foods of Distinction announced today that its directors have increased the quarterly dividend by 25% compared with the same period last year, from a penny per share to 1.25 cents. 

The dividend will be paid on or about April 28th, 2006 to shareholders of record on April 12th, 2006 .


During 2005, Armanino shares were split 5-to-1.  This means that on an “apples to apples” basis, the newly declared dividend would be equivalent to 6.25 cents versus 5 cents in the same quarter of 2005.

“We had a great year in 2005,” said William Armanino, the company’s chairman and CEO, “We’re on a fast track so far this year.  We wanted to share our increases with our shareholders, and so we have enriched our dividend payout.” 

Armanino is an international food company that manufactures and markets frozen basil pesto sauce and numerous other sauces such as Cilantro, Dried Tomato Garlic, Roasted Red Bell Pepper, Southwest Chipotle, Artichoke, Mushroom, Alfredo, organic sauces,  filled pasta products, meatballs, cooked poultry products, garlic spreads and Focaccia to the food service, industrial, institutional industry.
           

For further information, please contact:
Don Rosendale , Don Rosendale & Partners
(845) 373-9017, DonPR1@aol.com

 

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.

 

© 2006 Armanino Foods of Distinction, Inc.
email questions to webmaster@armanino.biz
Revised: February 19, 2007