Jerome J. Gassen, President and Chief Executive Officer of Ameriana Bancorp (NASDAQ: ASBI), today announced that the Company's Board of Directors has declared a quarterly cash dividend of $0.01 per share. The quarterly dividend is payable on April 26, 2013, to shareholders of record as of April 5, 2013. 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 Bank 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%.