Atlantic American Co. (AAME) To Go Ex-Dividend on April 9th

Atlantic American Co. (NASDAQ:AAME) declared an annual dividend on Wednesday, March 26th, Wall Street Journal reports. Shareholders of record on Wednesday, April 9th will be given a dividend of 0.02 per share by the financial services provider on Wednesday, April 23rd. This represents a yield of 1.1%. The ex-dividend date of this dividend is Wednesday, April 9th.

Atlantic American Stock Up 1.2 %

NASDAQ AAME opened at $1.75 on Friday. The business’s fifty day simple moving average is $1.56 and its 200-day simple moving average is $1.58. The firm has a market cap of $35.70 million, a PE ratio of -5.00 and a beta of 0.58. Atlantic American has a 52 week low of $1.25 and a 52 week high of $2.84.

Atlantic American (NASDAQ:AAME) last issued its earnings results on Tuesday, March 25th. The financial services provider reported ($0.04) EPS for the quarter. Atlantic American had a negative return on equity of 8.17% and a negative net margin of 3.72%. The firm had revenue of $49.04 million for the quarter.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on Atlantic American in a research note on Wednesday. They set a “hold” rating for the company.

About Atlantic American

Atlantic American Corporation, through its subsidiaries, provides life and health, and property and casualty insurance products in the United States. It operates through American Southern and Bankers Fidelity segments. The company offers property and casualty insurance products, including commercial automobile insurance coverage for state governments, local municipalities, and other motor pools and fleets; general liability; and inland marine insurance products.