Ames National Co. (ATLO) To Go Ex-Dividend on November 1st

Ames National Co. (NASDAQ:ATLO) announced a quarterly dividend on Wednesday, August 14th, Zacks reports. Stockholders of record on Friday, November 1st will be given a dividend of 0.20 per share by the financial services provider on Friday, November 15th. This represents a $0.80 annualized dividend and a dividend yield of 4.66%. The ex-dividend date is Friday, November 1st.

Ames National has increased its dividend payment by an average of 2.9% per year over the last three years.

Ames National Stock Performance

Ames National stock traded up $0.06 during trading hours on Wednesday, hitting $17.16. The company had a trading volume of 4,744 shares, compared to its average volume of 14,112. The firm has a market cap of $154.27 million, a P/E ratio of 15.98 and a beta of 0.55. The company has a 50-day moving average price of $18.05 and a two-hundred day moving average price of $19.33. Ames National has a 1 year low of $15.69 and a 1 year high of $22.50.

Ames National (NASDAQ:ATLO) last announced its quarterly earnings results on Friday, August 9th. The financial services provider reported $0.24 earnings per share (EPS) for the quarter. The firm had revenue of $13.49 million during the quarter. Ames National had a return on equity of 5.92% and a net margin of 10.77%.

Ames National Company Profile

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.