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

American Bank logo with Finance background

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.
  • MarketBeat previews top five stocks to own in October.

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

American Bank Stock Up 1.0%

Shares of AMBK stock opened at $15.90 on Thursday. The firm has a market cap of $103.99 million, a price-to-earnings ratio of 8.98 and a beta of 0.02. American Bank has a 52-week low of $14.07 and a 52-week high of $16.94. The company's 50 day moving average is $15.58 and its 200 day moving average is $15.06.

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

About American Bank

(Get Free Report)

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.

Further Reading

Dividend History for American Bank (OTCMKTS:AMBK)

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