Looking at the universe of stocks we cover at Dividend Channel, on 4/29/14, Ames National Corp. (ATLO) will trade ex-dividend, for its quarterly dividend of $0.18, payable on 5/15/14. As a percentage of ATLO's recent stock price of $22.53, this dividend works out to approximately 0.80%, so look for shares of Ames National Corp. to trade 0.80% lower — all else being equal — when ATLO shares open for trading on 4/29/14.
Below is a dividend history chart for ATLO, showing historical dividends prior to the most recent $0.18 declared by Ames National Corp.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ATLO is likely to continue, and whether the current estimated yield of 3.20% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ATLO shares, versus its 200 day moving average:Looking at the chart above, ATLO's low point in its 52 week range is $18.50 per share, with $23.94 as the 52 week high point — that compares with a last trade of $22.53.
In Friday trading, Ames National Corp. shares are currently up about 0.3% on the day.