SEC Filing Summary: Ames National Corp (8-K)
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Ames National Corporation on May 14, 2004. The filing addresses Item 5 (Other Events) and Regulation FD Disclosure regarding a corporate announcement made on the same date.
Key Financial Metrics
The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity. The report focuses exclusively on dividend declarations.
Material Changes
The Board of Directors announced the following changes to the dividend policy:
- Regular Dividend Increase: The quarterly dividend was increased from $0.46 per share to $0.49 per share.
- Extra Dividend: An additional special dividend of $0.49 per share was declared.
Outlook and Management Commentary
Management commentary is limited to the announcement of the dividend increases. No specific guidance, risk factors, or contingencies were disclosed in this filing.
Investor Verification Checklist
- Regular Dividend: Verify the new rate of $0.49 per share, payable August 16, 2004, to shareholders of record as of August 2, 2004.
- Special Dividend: Verify the extra payment of $0.49 per share, payable October 1, 2004, to shareholders of record as of September 16, 2004.
- Total Payout: Confirm the total combined dividend distribution of $0.98 per share for the eligible periods.