American Bank Incorporated (OTCMKTS:AMBK – Get Free Report) shares rose 6.9% on Friday . The company traded as high as $15.50 and last traded at $15.50. Approximately 100 shares changed hands during mid-day trading, a decline of 56% from the average daily volume of 225 shares. The stock had previously closed at $14.50.
American Bank Trading Up 6.9 %
The company’s 50 day moving average price is $14.60 and its 200-day moving average price is $14.92.
American Bank Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Monday, December 16th were given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 3.61%. The ex-dividend date was Monday, December 16th.
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.
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