First National Bank Alaska (OTCMKTS:FBAK) Raises Dividend to $4.00 Per Share

First National Bank Alaska (OTCMKTS:FBAKGet Free Report) declared a quarterly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Friday, February 28th will be paid a dividend of 4.00 per share by the financial services provider on Monday, March 17th. This represents a $16.00 annualized dividend and a dividend yield of 7.11%. The ex-dividend date is Friday, February 28th. This is a boost from First National Bank Alaska’s previous quarterly dividend of $3.20.

First National Bank Alaska Price Performance

FBAK traded down $2.75 during trading on Tuesday, hitting $225.00. The company’s stock had a trading volume of 1,025 shares, compared to its average volume of 378. First National Bank Alaska has a twelve month low of $190.00 and a twelve month high of $243.98. The stock has a market cap of $713.25 million, a PE ratio of 11.19 and a beta of 0.31. The firm’s 50 day moving average price is $228.20 and its 200-day moving average price is $214.56.

First National Bank Alaska (OTCMKTS:FBAKGet Free Report) last issued its quarterly earnings results on Wednesday, November 6th. The financial services provider reported $5.68 EPS for the quarter.

First National Bank Alaska Company Profile

(Get Free Report)

First National Bank Alaska, a commercial bank, provides various banking products and services for business, industry, and individual customers primarily in Alaska. The company offers savings and checking accounts; money market deposits; safe deposit services; certificates of deposit; individual retirement accounts; and personal, home equity, and construction loans, as well as loans for stability and growth.

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Dividend History for First National Bank Alaska (OTCMKTS:FBAK)

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