Shares of American Bank Incorporated (OTCMKTS:AMBK – Get Free Report) shot up 6.9% on Friday . The company traded as high as $15.50 and last traded at $15.50. 100 shares traded hands during trading, a decline of 56% from the average session volume of 225 shares. The stock had previously closed at $14.50.
American Bank Trading Up 6.9 %
The company has a 50-day moving average price of $14.60 and a two-hundred day moving average price of $14.92.
American Bank Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Monday, December 16th were issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 3.61%. The ex-dividend date of this dividend was Monday, December 16th.
About American Bank
American Bank Incorporated operates as the bank holding company for American Bank that provides various banking products and services to consumer, business, institutional, and governmental customers. It accepts a range of interest-bearing checking and money market accounts, savings accounts, certificates of deposit, and individual retirement accounts.
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