Amerant Bancorp Inc. (AMTB) To Go Ex-Dividend on November 14th

Amerant Bancorp Inc. (NASDAQ:AMTB) announced a quarterly dividend on Wednesday, October 22nd. Stockholders of record on Friday, November 14th will be given a dividend of 0.09 per share on Friday, November 28th. This represents a c) dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Friday, November 14th.

Amerant Bancorp has a dividend payout ratio of 15.3% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Amerant Bancorp to earn $2.56 per share next year, which means the company should continue to be able to cover its $0.36 annual dividend with an expected future payout ratio of 14.1%.

Amerant Bancorp Trading Up 2.4%

NASDAQ:AMTB opened at $17.82 on Wednesday. The company has a market capitalization of $743.97 million, a PE ratio of -31.26 and a beta of 1.33. Amerant Bancorp has a 52-week low of $15.62 and a 52-week high of $26.24. The stock’s 50 day moving average price is $19.01 and its 200 day moving average price is $18.81. The company has a quick ratio of 0.94, a current ratio of 1.01 and a debt-to-equity ratio of 1.18.

About Amerant Bancorp

Amerant Bancorp Inc operates as the bank holding company for Amerant Bank, N.A. that provides banking products and services to individuals and businesses in the United States and internationally. It offers checking, savings, business, and money market accounts; cash management services; and certificates of deposits.