Surpassing Expectations: American National Unleashes Growth Potential and Rewards Investors
On February 26, 2024, American National (NASDAQ:AMNB) will distribute a dividend payout of $0.30 per share, equating to an annualized dividend yield of 2.72%. Shareholders who owned the stock before the ex-dividend date on February 16, 2024 will receive this payout.
American National Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2024-02-16 | 4 | $0.3 | 2.72% | 2024-02-07 | 2024-02-20 | 2024-02-26 |
| 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 |
With a dividend yield that places it neither at the top nor the bottom, American National finds itself in the middle among its industry peers, while Washington Trust Bancorp (NASDAQ:WASH) boasts the highest annualized dividend yield at 8.63%.
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 2020 to 2023, investors saw an average increase in the company's dividend per share, rising from $1.08 in 2020 to $1.20 in 2023. 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 2020 to 2023, American National experienced a growth in earnings per share, with an increase from $2.60 to $2.83. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.
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 2.72%.
With a dividend yield that places it neither at the top nor the bottom, American National finds itself in the middle among its industry peers, while Washington Trust Bancorp boasts the highest annualized dividend yield at 8.63%.
The increase in both dividend per share and earnings per share from 2020 to 2023 for American National indicates a positive financial trend, suggesting their capacity to continue distributing profits to shareholders.
It is essential for investors to closely track the company's performance in the coming quarters to remain updated regarding any alterations in financials or dividend disbursements.
\To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.