Ames National Corporation (ATLO) to Distribute Quarterly Dividend of $0.24 on September 15th

Ames National Corporation (NASDAQ:ATLO) announced a quarterly dividend on Wednesday, August 12th. Investors of record on Tuesday, September 1st will be paid a dividend of 0.24 per share by the financial services provider on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Tuesday, September 1st.

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

Ames National Price Performance

Shares of NASDAQ ATLO opened at $31.60 on Friday. The stock has a market capitalization of $279.98 million, a PE ratio of 12.25 and a beta of 0.30. The business has a fifty day moving average price of $30.52 and a two-hundred day moving average price of $29.00. Ames National has a fifty-two week low of $19.56 and a fifty-two week high of $32.30.

Ames National (NASDAQ:ATLO) last released its earnings results on Friday, July 17th. The financial services provider reported $0.67 earnings per share (EPS) for the quarter. Ames National had a return on equity of 11.08% and a net margin of 22.64%.The company had revenue of $19.08 million for the quarter. On average, equities analysts expect that Ames National will post 2.72 EPS for the current year.

About Ames National

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.