Ames National Corporation (ATLO) to Issue Quarterly Dividend of $0.24 on June 15th

Ames National Corporation (NASDAQ:ATLO – Get Free Report) announced a quarterly dividend on Wednesday, May 13th. Stockholders of record on Monday, June 1st will be paid a dividend of 0.24 per share by the financial services provider on Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Monday, June 1st.

Ames National has decreased its dividend by an average of 0.0%annually over the last three years.

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Ames National Trading Down 0.0%

ATLO stock opened at $28.74 on Friday. The stock has a 50-day moving average price of $28.28 and a two-hundred day moving average price of $25.78. Ames National has a 12-month low of $16.94 and a 12-month high of $29.71. The company has a market cap of $254.55 million, a PE ratio of 11.88 and a beta of 0.30.

Ames National (NASDAQ:ATLO – Get Free Report) last posted its quarterly earnings results on Friday, April 24th. The financial services provider reported $0.67 earnings per share (EPS) for the quarter. Ames National had a return on equity of 10.65% and a net margin of 21.63%.The firm had revenue of $18.22 million during the quarter. Equities analysts forecast that Ames National will post 2.7 EPS for the current fiscal year.

Ames National Company Profile

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Ames National Corporation is the bank holding company for Ames National Bank, a full-service community bank headquartered in Ames, Iowa. Through its subsidiary, the company provides a range of commercial and consumer banking products designed to meet the needs of individuals, small businesses, farmers and agribusiness clients in central Iowa. Its network of branch offices serves Story County and neighboring counties, supporting local economic development and community initiatives.

The company’s core offerings include checking and savings accounts, money market and certificate of deposit products, along with online and mobile banking services.

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