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Armanino Foods of Dist. (ARMF) Message Board

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  • vickersviscount vickersviscount Nov 2, 2004 5:24 PM Flag

    Ask now $2.97.........

    the price is of less interest to me than the dividend. closing in on 7%, and with the 15% tax on dividends - can't be beat. (even Kerry is quoted as saying the 15% dividend tax would be ok for those making less than 200K a year). . .agree, that Garlic Zing was a bit disappointing. . .I tried it a few times, but it has somewhat limited uses in my house. I don't make sandwiches, so don't use it as spread. . .maybe they could sell it to Quiznos or Subway for a lowfat alternative to mayo.

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    • yes 7% is nice, but ultimately they need growth to support or increase it long term.

      I think the old LT range of $2.50 to $3.50 maybe back in play.

      Earnings suprised last time, maybe this time as well.

      I bought back 50% of what I sold at $5, just waiting for it to stabilize