First National Bank Alaska (OTCMKTS:FBAK) to Issue Quarterly Dividend of $4.00

First National Bank Alaska (OTCMKTS:FBAK) declared a quarterly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders 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 dividend on an annualized basis and a yield of 7.11%. The ex-dividend date is Friday, February 28th. This is an increase from First National Bank Alaska’s previous quarterly dividend of $3.20.

First National Bank Alaska Trading Down 1.2 %

Shares of FBAK traded down $2.75 on Tuesday, reaching $225.00. 1,025 shares of the company’s stock were exchanged, compared to its average volume of 378. The business has a 50 day moving average price of $228.20 and a two-hundred day moving average price of $214.56. The stock has a market capitalization of $713.25 million, a P/E ratio of 11.19 and a beta of 0.31. First National Bank Alaska has a 12 month low of $190.00 and a 12 month high of $243.98.

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

First National Bank Alaska Company Profile

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.