American River Bankshares (AMRB) to Issue Quarterly Dividend of $0.07 on August 14th
American River Bankshares (NASDAQ:AMRB) announced a quarterly dividend on Thursday, July 18th, NASDAQ reports. Shareholders of record on Wednesday, July 31st will be paid a dividend of 0.07 per share by the financial services provider on Wednesday, August 14th. This represents a $0.28 annualized dividend and a yield of 2.11%. The ex-dividend date is Tuesday, July 30th. This is an increase from American River Bankshares’s previous quarterly dividend of $0.05.
Shares of American River Bankshares stock opened at $13.26 on Friday. American River Bankshares has a 1 year low of $10.50 and a 1 year high of $16.89. The company has a market capitalization of $78.07 million, a price-to-earnings ratio of 15.98 and a beta of 0.21. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.14. The company’s 50 day moving average is $12.55.
American River Bankshares (NASDAQ:AMRB) last announced its earnings results on Thursday, July 18th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.01). The company had revenue of $6.05 million for the quarter, compared to the consensus estimate of $6.20 million. American River Bankshares had a net margin of 18.30% and a return on equity of 6.29%. Analysts anticipate that American River Bankshares will post 0.94 EPS for the current year.
About American River Bankshares
American River Bankshares operates as the holding company for American River Bank that provides commercial banking products and services to small and middle-market businesses, and individuals. The company accepts checking and savings deposits; and offers money market deposit accounts and certificates of deposit.
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