Ames National Co. (NASDAQ:ATLO) to Issue Quarterly Dividend of $0.20

Ames National Co. (NASDAQ:ATLO) announced a quarterly dividend on Monday, November 18th,Wall Street Journal reports. Stockholders of record on Friday, January 31st will be given a dividend of 0.20 per share by the financial services provider on Friday, February 14th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.50%. The ex-dividend date of this dividend is Friday, January 31st.

Ames National has increased its dividend payment by an average of 2.9% annually over the last three years.

Ames National Stock Performance

Ames National stock opened at $17.78 on Tuesday. Ames National has a 12 month low of $15.69 and a 12 month high of $22.50. The business has a 50 day simple moving average of $17.87 and a 200-day simple moving average of $19.16.

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.