American Bank (OTCMKTS:AMBK) Shares Down 0.9% – Should You Sell?

American Bank Incorporated (OTCMKTS:AMBK) was down 0.9% during mid-day trading on Monday . The stock traded as low as $14.81 and last traded at $14.81. Approximately 1,855 shares traded hands during trading, an increase of 283% from the average daily volume of 484 shares. The stock had previously closed at $14.95.

American Bank Stock Down 0.9 %

The firm’s 50 day moving average price is $15.03 and its two-hundred day moving average price is $14.82.

American Bank Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be issued a $0.14 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.56 annualized dividend and a dividend yield of 3.78%.

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.