Ames National Co. (NASDAQ:ATLO – Get Free Report) announced a quarterly dividend on Monday, November 18th,Wall Street Journal reports. Stockholders of record on Friday, January 31st will be given a dividend of 0.20 per share by the financial services provider on Friday, February 14th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.50%. The ex-dividend date of this dividend is Friday, January 31st.
Ames National has increased its dividend by an average of 2.9% annually over the last three years.
Ames National Stock Performance
Shares of ATLO stock traded down $0.40 during mid-day trading on Monday, hitting $17.78. 12,628 shares of the stock were exchanged, compared to its average volume of 14,533. Ames National has a 12-month low of $15.69 and a 12-month high of $22.50. The stock’s fifty day simple moving average is $17.88 and its two-hundred day simple moving average is $19.18.
About Ames National
Ames National Corporation operates as a multi-bank holding company that provides banking products and services primarily in Boone, Clarke, Hancock, Marshall, Polk, Story, and Union counties in central, north central, and south-central Iowa. The company accepts various deposit products, including checking and savings accounts; and time deposits, such as money market accounts and certificates of deposit.
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