Amerant Bancorp Inc. (AMTB) To Go Ex-Dividend on February 13th

Amerant Bancorp Inc. (NASDAQ:AMTB) announced a quarterly dividend on Thursday, January 22nd. Investors of record on Friday, February 13th will be given a dividend of 0.09 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Friday, February 13th.

Amerant Bancorp has a dividend payout ratio of 15.3% meaning its dividend is sufficiently covered by earnings. Research analysts expect Amerant Bancorp to earn $2.56 per share next year, which means the company should continue to be able to cover its $0.36 annual dividend with an expected future payout ratio of 14.1%.

Amerant Bancorp Stock Down 0.4%

AMTB opened at $23.05 on Wednesday. The business’s fifty day moving average is $20.72 and its two-hundred day moving average is $19.73. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.94 and a current ratio of 1.01. The company has a market cap of $950.97 million, a price-to-earnings ratio of -40.43 and a beta of 1.02. Amerant Bancorp has a one year low of $15.62 and a one year high of $24.30.

About Amerant Bancorp

Amerant Bancorp is the bank holding company for Amerant Bank, a full‐service community bank headquartered in Coral Gables, Florida. Through its banking subsidiary, Amerant Bank, the company offers a broad range of commercial and consumer banking solutions designed to serve both individual customers and small‐ to medium‐sized businesses. Its core activities include deposit gathering, lending, and cash management services.

The firm’s product lineup encompasses traditional checking and savings accounts, mortgage and commercial real estate loans, construction financing, and equipment lending.