American Bank Inc. (OTCMKTS:AMBK) Plans Dividend of $0.14

Key Points

• American Bank Inc. has declared a dividend of $0.14 per share, with stockholders of record to receive the dividend on October 1st.
• The dividend yield is a remarkable 352.0%, with the ex-dividend date set for September 15th.
• As of Thursday, AMBK stock is trading at $15.90, with a market capitalization of approximately $103.99 million.

American Bank Inc. (OTCMKTS:AMBK - Get Free Report) announced a dividend on Thursday, September 11th, investing.com reports. Stockholders of record on Tuesday, September 16th will be paid a dividend of 0.14 per share on Wednesday, October 1st. This represents a dividend yield of 352.0%. The ex-dividend date of this dividend is Monday, September 15th.

American Bank Stock Performance

Shares of OTCMKTS:AMBK traded up $0.14 during trading on Tuesday, reaching $15.90. The company has a 50-day simple moving average of $15.64 and a 200-day simple moving average of $15.08. The company has a market cap of $103.99 million, a PE ratio of 8.98 and a beta of 0.02. American Bank has a 1 year low of $14.07 and a 1 year high of $16.94.

American Bank (OTCMKTS:AMBK - Get Free Report) last issued its quarterly earnings results on Monday, July 14th. The company reported $0.65 earnings per share (EPS) for the quarter. The firm had revenue of $8.67 million during the quarter.

American Bank Company Profile

American Bank Incorporated operates as the bank holding company for American Bank that provides various banking products and services to consumer, business, institutional, and governmental customers. It accepts a range of interest-bearing checking and money market accounts, savings accounts, certificates of deposit, and individual retirement accounts.