AMEN Properties (OTCMKTS:AMEN) Stock Price Passes Below 200 Day Moving Average – Should You Sell?

AMEN Properties, Inc. (OTCMKTS:AMENGet Free Report)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $505.87 and traded as low as $500.00. AMEN Properties shares last traded at $500.00, with a volume of 6 shares trading hands.

AMEN Properties Stock Performance

The firm’s fifty day moving average price is $509.26 and its 200-day moving average price is $505.89.

AMEN Properties Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 23rd will be issued a dividend of $10.00 per share. This represents a $40.00 annualized dividend and a dividend yield of 8.00%. The ex-dividend date is Monday, December 23rd.

About AMEN Properties

(Get Free Report)

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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