American Bank (OTCMKTS:AMBK) Trading 6.9% Higher – Here’s What Happened

American Bank Incorporated (OTCMKTS:AMBKGet Free Report)’s stock price shot up 6.9% during trading on Friday . The stock traded as high as $15.50 and last traded at $15.50. 100 shares traded 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 company’s fifty day simple moving average is $14.60 and its 200 day simple moving average is $14.92.

American Bank Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Monday, December 16th were issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 3.61%. The ex-dividend date of this dividend was Monday, December 16th.

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.

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