In formal business before shareholders at the Company's 2011 annual meeting today, Michael E. Kent, Chairman of the Board of Ameriana Bancorp, (NASDAQ: ASBI), reviewed the voting results with those in attendance and noted that shareholders re-elected three directors to new terms that expire with the 2014 annual meeting of shareholders. Elected to new three-year terms were Charles M. (Kim) Drackett, Chairman, President and General Manager, Fairholme Farms Inc. of New Castle; Richard E. Hennessey, Executive Vice President – Real Estate Development, Shiel Sexton Company, Inc. of Indianapolis; and Ronald R. Pritzke, Vice Chairman of the Boards of Ameriana Bancorp and Ameriana Bank and a partner in the law firm of Pritzke & Davis, LLP of Greenfield. The Company's Directors continuing in office to future years include: Michael E. Kent, Chairman of the Boards of the Company and the Bank and a private investor; Jerome J. Gassen, President and Chief Executive Officer of Ameriana Bancorp and Ameriana Bank; Michael E. Bosway, President and Chief Executive Officer of City Securities Corporation of Indianapolis; Donald C. Danielson, Vice Chairman of City Securities Corporation of Indianapolis; and R. Scott Hayes, a partner in Hayes Copenhaver Crider, LLP in New Castle, Indiana, the law firm that serves as General Counsel to the Company. Shareholders also ratified the appointment of BKD, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2011. Ameriana Bancorp is a bank holding company. Through its wholly owned subsidiary, Ameriana Bank, the Company offers an extensive line of banking services and provides a range of investments and securities products through banking centers in the central Indiana area. Ameriana owns Ameriana Insurance Agency, a full-service insurance agency, and Ameriana Financial Services, which offers securities and insurance products through LPL Financial (Member FINRA/SIPC).
Looking at the universe of stocks we cover at Dividend Channel, on 12/23/14, Ameriana Bancorp will trade ex-dividend, for its quarterly dividend of $0.02, payable on 1/16/15. As a percentage of ASBI's recent stock price of $17.00, this dividend works out to approximately 0.12%.