First National Bank Alaska (OTCMKTS:FBAK) Stock Price Crosses Above 50-Day Moving Average - Here's Why

First National Bank Alaska (OTCMKTS:FBAK - Get Free Report)'s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $222.83 and traded as high as $234.85. First National Bank Alaska shares last traded at $234.00, with a volume of 717 shares trading hands.

First National Bank Alaska Price Performance

The stock has a market capitalization of $741.78 million, a price-to-earnings ratio of 11.64 and a beta of 0.32. The firm has a 50 day simple moving average of $222.83 and a 200-day simple moving average of $207.90.

First National Bank Alaska Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Sunday, December 1st were given a dividend of $3.20 per share. This represents a $12.80 dividend on an annualized basis and a dividend yield of 5.47%. The ex-dividend date of this dividend was Friday, November 29th. First National Bank Alaska's dividend payout ratio (DPR) is currently 63.65%.

About First National Bank Alaska

First National Bank Alaska, a commercial bank, provides various banking products and services for business, industry, and individual customers primarily in Alaska. The company offers savings and checking accounts; money market deposits; safe deposit services; certificates of deposit; individual retirement accounts; and personal, home equity, and construction loans, as well as loans for stability and growth.