Ames National Corporation operates as a multi-bank holding company that provides banking products and services primarily in Boone, Clarke, Hancock, Marshall, Polk, Story, and Union counties in central, north-central, and south-central Iowa. The company accepts a range of deposits, including checking and savings accounts; and time deposits, such as money market accounts and certificates of deposit. It also provides loans, such as short-term and medium-term commercial and agricultural real estate, residential real estate loans, equipment, vehicle, and home improvement loans; personal loans and lines of credit; agricultural and business operating loans and lines of credit; and originates mortgage loans for sale into the secondary market. In addition, the company offers cash management, merchant credit card processing, safe deposit box, wire transfer, direct deposit of payroll and social security check, and automated/video teller machine access services; and automatic drafts for various accounts, as well as wealth management services. Further, it provides farm management, investment, and custodial services for individuals, businesses, and non-profit organizations; and online, mobile, and private banking services. Ames National Corporation was founded in 1903 and is based in Ames, Iowa.
Ames National Dividend Announcement
• Ames National announced a quarterly dividend of $0.20 per ordinary share which will be made payable on 2024-11-15. Ex dividend date: 2024-11-01
• Ames National annual dividend for 2024 was $1.01
• Ames National annual dividend for 2023 was $1.08
• Ames National's trailing twelve-month (TTM) dividend yield is 7.45%
• Ames National's payout ratio for the trailing twelve months (TTM) is 109.81%
• Ames National's dividend growth over the last five years (2018-2023) was -1.42% year
• Ames National's dividend growth over the last ten years (2013-2023) was 5.54% year
Ames National Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-01 | $0.20 | quarterly | 2024-11-15 |
2024-08-01 | $0.27 | quarterly | 2024-08-15 |
2024-04-30 | $0.27 | quarterly | 2024-05-15 |
2024-01-31 | $0.27 | quarterly | 2024-02-15 |
2023-10-31 | $0.27 | quarterly | 2023-11-15 |
2023-07-31 | $0.27 | quarterly | 2023-08-15 |
2023-04-28 | $0.27 | quarterly | 2023-05-15 |
2023-01-31 | $0.27 | quarterly | 2023-02-15 |
2022-10-31 | $0.27 | quarterly | 2022-11-15 |
2022-07-29 | $0.27 | quarterly | 2022-08-15 |
2022-04-28 | $0.27 | quarterly | 2022-05-13 |
2022-01-31 | $0.26 | quarterly | 2022-02-15 |
2021-10-29 | $0.26 | quarterly | 2021-11-15 |
2021-07-29 | $0.26 | quarterly | 2021-08-13 |
2021-04-29 | $0.26 | quarterly | 2021-05-14 |
2021-01-29 | $0.25 | quarterly | 2021-02-15 |
2020-10-29 | $0.25 | quarterly | 2020-11-13 |
2020-07-30 | $0.25 | quarterly | 2020-08-14 |
2020-04-30 | $0.25 | quarterly | 2020-05-15 |
2020-01-30 | $0.24 | quarterly | 2020-02-14 |
2019-10-31 | $0.24 | quarterly | 2019-11-15 |
2019-07-31 | $0.24 | quarterly | 2019-08-15 |
2019-04-30 | $0.24 | quarterly | 2019-05-15 |
2019-01-31 | $0.23 | quarterly | 2019-02-15 |
2018-10-31 | $0.23 | quarterly | 2018-11-15 |
2018-07-31 | $0.23 | quarterly | 2018-08-15 |
2018-04-30 | $0.48 | quarterly | 2018-05-15 |
2018-01-31 | $0.22 | quarterly | 2018-02-15 |
2017-10-31 | $0.22 | quarterly | 2017-11-15 |
2017-07-28 | $0.22 | quarterly | 2017-08-15 |
2017-04-27 | $0.22 | quarterly | 2017-05-15 |
2017-01-30 | $0.21 | quarterly | 2017-02-15 |
2016-10-28 | $0.21 | quarterly | 2016-11-15 |
2016-07-28 | $0.21 | quarterly | 2016-08-15 |
2016-04-27 | $0.21 | quarterly | 2016-05-15 |
2016-01-27 | $0.20 | quarterly | 2016-02-15 |
2015-10-28 | $0.20 | quarterly | 2015-11-13 |
2015-07-30 | $0.20 | quarterly | 2015-08-17 |
2015-04-29 | $0.20 | quarterly | 2015-05-15 |
2015-01-28 | $0.18 | quarterly | 2015-02-13 |
2014-10-29 | $0.18 | quarterly | 2014-11-14 |
2014-07-30 | $0.18 | quarterly | 2014-08-15 |
2014-04-29 | $0.18 | quarterly | 2014-05-15 |
2014-01-30 | $0.16 | quarterly | 2014-02-17 |
2013-10-30 | $0.16 | quarterly | 2013-11-15 |
2013-07-30 | $0.16 | quarterly | 2013-08-15 |
2013-04-29 | $0.16 | quarterly | 2013-05-15 |
2013-01-30 | $0.15 | quarterly | 2013-02-15 |
Ames National Dividend per year
Ames National Dividend growth
Ames National Dividend Yield
Ames National current trailing twelve-month (TTM) dividend yield is 7.45%. Interested in purchasing Ames National stock? Use our calculator to estimate your expected dividend yield:
Ames National Financial Ratios
Ames National Dividend FAQ
Other factors to consider when evaluating Ames National as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Ames National's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Ames National publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Ames National distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Ames National are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Ames National sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Ames National distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ames National declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Ames National's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Ames National's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.