American Bank Incorporated (OTCMKTS:AMBK – Get Free Report) shot up 6.9% during mid-day trading on Friday . The stock traded as high as $15.50 and last traded at $15.50. 100 shares changed hands during mid-day trading, a decline of 56% from the average session volume of 225 shares. The stock had previously closed at $14.50.
American Bank Price Performance
The firm has a 50-day simple moving average of $14.60 and a 200 day simple moving average of $14.92.
American Bank Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Monday, December 16th were issued a dividend of $0.14 per share. The ex-dividend date of this dividend was Monday, December 16th. This represents a $0.56 annualized dividend and a dividend yield of 3.61%.
About American Bank
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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