Ames National Co. (ATLO) To Go Ex-Dividend on May 30th

Ames National Co. (NASDAQ:ATLO) announced a quarterly dividend on Tuesday, February 18th,Wall Street Journal reports. Shareholders of record on Friday, May 30th will be paid a dividend of 0.20 per share by the financial services provider on Friday, June 13th. This represents a $0.80 annualized dividend and a dividend yield of 4.30%. The ex-dividend date of this dividend is Friday, May 30th.

Ames National has decreased its dividend payment by an average of 3.3% per year over the last three years.

Ames National Trading Up 1.0 %

Shares of NASDAQ:ATLO opened at $18.62 on Thursday. The firm’s 50 day moving average is $17.27 and its two-hundred day moving average is $17.68. Ames National has a 52 week low of $15.69 and a 52 week high of $22.03. The firm has a market capitalization of $167.39 million, a P/E ratio of 16.33 and a beta of 0.57.

Ames National (NASDAQ:ATLO) last posted its quarterly earnings data on Friday, January 24th. The financial services provider reported $0.39 EPS for the quarter. Ames National had a net margin of 11.05% and a return on equity of 5.94%.

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.