Exceeding Expectations: American National Achieves Strong Performance and Rewards Investors
By the end of today, December 15, 2023, American National (NASDAQ:AMNB) is set to deliver a dividend payout of $0.30 per share, equating to an annualized dividend yield of 2.79%. The company's dividend payout went ex-dividend on November 30, 2023, so only the investors that owned the stock prior to the ex-dividend date will receive this payout.
American National Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-11-30 | 4 | $0.3 | 2.79% | 2023-11-21 | 2023-12-01 | 2023-12-15 |
| 2023-08-31 | 4 | $0.3 | 3.94% | 2023-07-19 | 2023-09-01 | 2023-09-15 |
| 2023-06-01 | 4 | $0.3 | 4.57% | 2023-05-17 | 2023-06-02 | 2023-06-16 |
| 2023-03-02 | 4 | $0.3 | 3.58% | 2023-02-22 | 2023-03-03 | 2023-03-17 |
| 2022-12-01 | 4 | $0.3 | 3.14% | 2022-11-16 | 2022-12-02 | 2022-12-16 |
| 2022-09-01 | 4 | $0.28 | 3.15% | 2022-07-20 | 2022-09-02 | 2022-09-16 |
| 2022-06-02 | 4 | $0.28 | 3.24% | 2022-05-17 | 2022-06-03 | 2022-06-17 |
| 2022-03-03 | 4 | $0.28 | 2.92% | 2022-02-15 | 2022-03-04 | 2022-03-18 |
| 2021-12-02 | 4 | $0.28 | 2.9% | 2021-11-17 | 2021-12-03 | 2021-12-17 |
| 2021-09-02 | 4 | $0.27 | 3.65% | 2021-07-21 | 2021-09-03 | 2021-09-17 |
| 2021-06-03 | 4 | $0.27 | 3.05% | 2021-05-18 | 2021-06-04 | 2021-06-18 |
| 2021-03-04 | 4 | $0.27 | 3.67% | 2021-02-16 | 2021-03-05 | 2021-03-19 |
In terms of dividend yield, American National finds itself in the middle ground among its industry peers, while Washington Trust Bancorp (NASDAQ:WASH) takes the lead with the highest annualized dividend yield at 6.81%.
Analyzing American National Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
As you can see, from 2019 to 2022, investors saw an average increase in the company's dividend per share, rising from $1.04 in 2019 to $1.14 in 2022. This is good for investors because it shows that the company has steadily returned more capital back to their shareholders and it could mean that they are planning to continue increasing dividends.
YoY Earnings Growth For American National
From 2019 to 2022, American National has demonstrated an upward trend in earnings, with earnings per share rising from $3.01 to $3.52. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.
Recap
This article takes an in-depth look at American National's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.30 per share today, translating to an annualized dividend yield of 2.79%.
In terms of dividend yield, American National finds itself in the middle ground among its industry peers, while Washington Trust Bancorp takes the lead with the highest annualized dividend yield at 6.81%.
The upward trend in dividend per share and earnings per share for American National from 2019 to 2022 reflects a strong financial position, supporting the company's ability to consistently distribute profits to their investors.
It is advisable for investors to monitor the company's performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.