AMEN Properties (OTCMKTS:AMEN) Shares Pass Below Two Hundred Day Moving Average – Here’s Why

AMEN Properties, Inc. (OTCMKTS:AMENGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $519.35 and traded as low as $495.00. AMEN Properties shares last traded at $524.50, with a volume of 14 shares changing hands.

AMEN Properties Stock Performance

The business has a 50-day moving average price of $532.28 and a 200 day moving average price of $519.35.

AMEN Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 11th. Stockholders of record on Monday, March 31st were issued a dividend of $4.03 per share. This represents a $16.12 annualized dividend and a dividend yield of 3.07%. The ex-dividend date was Monday, March 31st.

AMEN Properties Company Profile

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AMEN Properties, Inc owns oil and gas royalty and working interests in various oil and gas properties in the United States. It holds interests in oil gas and gas royalties through its ownership of SFF Royalty, LLC; and 100% interests in SFF Production, LLC. The company was formerly known as Crosswalk.com, Inc and changed its name to AMEN Properties, Inc in October 2002.

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