Frozen sauce company Armanino Foods of Distinction has increased its quarterly dividend by 25% compared with the same period last year, to be paid around 28 April this year.

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The dividend, increasing to 1.25 cents, will be paid to shareholders of record on 12 April.


Armanino chairman and CEO William Armanino said: “We had a great year in 2005, 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.”

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