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Ames National (Ames National) Dividend Payout Ratio : 1.13 (As of Dec. 2023)


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What is Ames National Dividend Payout Ratio?

Ames National's dividend payout ratio for the months ended in Dec. 2023 was 1.13.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ames National Corp is 0.97, which seems too high.

The historical rank and industry rank for Ames National's Dividend Payout Ratio or its related term are showing as below:

ATLO' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.5   Max: 0.97
Current: 0.97

During the past 13 years, the highest Dividend Payout Ratio of Ames National was 0.97. The lowest was 0.39. And the median was 0.50.

ATLO's Dividend Payout Ratio is ranked worse than
94.13% of 1090 companies
in the Banks industry
Industry Median: 0.34 vs ATLO: 0.97

As of today (2024-04-26), the Dividend Yield % of Ames National is 5.59%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Ames National was 7.04%. The lowest was 2.34%. And the median was 3.30%.

Ames National's Dividends per Share for the months ended in Dec. 2023 was $0.27.

During the past 12 months, Ames National's average Dividends Per Share Growth Rate was 0.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ames National was 28.20% per year. The lowest was -26.20% per year. And the median was 4.95% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Ames National Dividend Payout Ratio Historical Data

The historical data trend for Ames National's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ames National Dividend Payout Ratio Chart

Ames National Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.48 0.39 0.50 0.90

Ames National Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.96 0.82 1.13 1.04

Competitive Comparison of Ames National's Dividend Payout Ratio

For the Banks - Regional subindustry, Ames National's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ames National's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Ames National's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Ames National's Dividend Payout Ratio falls into.


Ames National Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Ames National's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=1.08/ 1.2
=0.90

Ames National's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.27/ 0.24
=1.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ames National (NAS:ATLO) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Ames National Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Ames National's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Ames National (Ames National) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ames National Corp (NAS:ATLO) » Definitions » Dividend Payout Ratio
Comparable Companies
MBLU ESSA CALB BCBP FFNW HLAN MBCN CSHX NKSH BPRN NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 XPAR:BNP NSE:SBIN ISX:BBCA USB MIC:SBER SGX:D05
Traded in Other Exchanges
N/A
Address
405 5th Street, Box 846, Ames, IA, USA, 50010
Website
https://www.amesnational.com
Ames National Corporation is a United States-based bank holding company. Through its subsidiaries, it provides checking, savings and time deposits, cash management services, merchant credit card processing, safe deposit boxes, wire transfers, direct deposit of payroll and social security checks, and automated/video teller machine access. Its loan portfolio comprises commercial, residential & agricultural real estate loans; agricultural & business operating loans & lines of credit; equipment loans; vehicle loans; personal loans; and mortgage loans. Its operations are conducted primarily in central, north central, and south-central Iowa.
Executives
Michelle R Cassabaum director PO BOX 846, AMES IA 50010
Jeffrey K Putzier other: President of Subsidiary Bank POST OFFICE BOX 846, AMES IA 50010
John Patrick Nelson officer: Vice President POST OFFICE BOX 846, AMES IA 50010
Scott T Bauer other: Ex VP of Subsidiary bank PO BOX 846, AMES IA 50010
Patrick G Hagan director PO BOX 846, AMES IA 50010
Kevin L Swartz director PO BOX 846, AMES IA 50010
Betty A Baudler director PO BOX 846, AMES IA 50010
Larson James R Ii director 3321 RIDGETOP RD, AMES IA 50014
Adam Snodgrass other: President of subsidiary bank PO BOX 846, AMES IA 50010
John L Pierschbacher officer: Controller C/O NORTH CENTRAL BANCSHARES INC, 825 CENTRAL AVE PO BOX 1237, FORT DODGE IA 50501
Robert A Thomas other: President of subsidiary bank PO BOX 846, AMES IA 50010
Lisa M Eslinger director PO BOX 846, AMES IA 50014
Jeffery C Baker director PO BOX 846, AMES IA 50010
David W. Benson director PO BOX 846, AMES IA 50010
Dan E Johnson other: President of subsidiary bank PO BOX 846, AMES IA 50010