AMCON DISTRIBUTING CO 8-K

What Happened
AMCON Distributing Company (DIT) filed an 8-K on February 10, 2026 announcing that its Board of Directors declared a 50% special stock dividend. The dividend is payable on March 20, 2026 to holders of record of the company’s common stock as of the close of business on March 6, 2026. Stockholders will receive 0.5 shares for each whole share owned; any fractional shares will be settled in cash based on the closing price on the record date.

Key Details

• Declaration date: February 10, 2026 (8-K filed).
• Record date: March 6, 2026 (close of business).
• Payable date: March 20, 2026.
• Dividend ratio: 0.5 share of common stock per 1 share owned (50%).
• Fractional shares: paid in cash in lieu, calculated using the closing price on the record date.
• Press release announcing the action included as Exhibit 99.1 to the 8-K.

Why It Matters
This is a stock dividend (not a cash payout), so owners will receive additional shares that increase the company’s outstanding share count. For investors, that typically means per‑share metrics (like earnings per share or book value per share) will adjust to reflect the larger share base, while the company’s total equity value does not change solely because of the dividend. Cash payments for fractional shares provide liquidity for holders who would otherwise receive fractional stock positions.