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American Business Bank to Issue Quarterly Dividend of $0.25 (OTCMKTS:AMBZ)

American Business Bank logo with Finance background

American Business Bank (OTCMKTS:AMBZ - Get Free Report) announced a quarterly dividend on Wednesday, February 12th,NASDAQ Dividends reports. Investors of record on Monday, February 24th will be paid a dividend of 0.25 per share by the financial services provider on Monday, March 17th. This represents a $1.00 annualized dividend and a dividend yield of 2.19%. The ex-dividend date is Monday, February 24th.

American Business Bank Stock Performance

Shares of AMBZ traded down $1.26 during trading hours on Monday, hitting $45.70. 6,471 shares of the stock were exchanged, compared to its average volume of 10,279. American Business Bank has a 12-month low of $29.75 and a 12-month high of $46.99. The company has a market cap of $415.87 million, a price-to-earnings ratio of 9.85 and a beta of 0.72. The stock's 50-day moving average price is $44.20 and its two-hundred day moving average price is $40.80.

American Business Bank (OTCMKTS:AMBZ - Get Free Report) last posted its earnings results on Wednesday, January 29th. The financial services provider reported $1.33 earnings per share (EPS) for the quarter.

About American Business Bank

(Get Free Report)

American Business Bank, a California-chartered bank, provides banking products and services to small and medium-sized firms, non-profits, business executives, and professionals in Southern California. The company offers credit and depository; treasury management; asset-based lending; SBA lending; international banking comprising money transfers, import and export commercial letters of credit, standby letters of credit, documentary and clean collections, and foreign currency exchange services; and consulting and referral services.

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