It Might Not Be A Great Idea To Buy Ames National Corporation (NASDAQ:ATLO) For Its Next Dividend

By Yahoo! Finance | Jul 28, 2024 at 11:29 AM EST

Ames National Corporation (ATLO) stock is going ex-dividend soon. Investors buying after August 1 won't receive the US$0.27 dividend on August 15. With a high payout ratio and declining earnings, it's risky to rely on Ames National for dividends.

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