Ames National hikes dividend by 4%

Ames National Corp (ATLO) will raise its quarterly dividend by 4 percent to 26 cents per share in 2021. This comes after a dividend hike of 4.2 percent to $0.25 per share announced in the first quarter of 2020. 

With this announcement Ames National has increased its annual dividend for 12 consecutive years.

Ames National Corporation is a bank holding company for five community banks with operations in the State of Iowa. The Company’s affiliate banks include: First National Bank, Ames, Iowa; Boone Bank & Trust Co., Boone, Iowa; State Bank & Trust Co., Nevada, Iowa; Reliance State Bank, Story City, Iowa; and United Bank & Trust NA, Marshalltown, Iowa.