5 Dividend Stocks to Buy According to Phil Stone’s Fourthstone LLC

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1. Ames National Corporation (NASDAQ:ATLO)

Dividend Yield: 4.24%

Number of Hedge Fund Holders: 9

Ames National Corporation (NASDAQ:ATLO) is a holding company for several banks that serve customers in the American state of Iowa. It provides several types of loans, accounts, deposit certificates, automated teller machines alongside wealth management and custodial services.

Ames National Corporation (NASDAQ:ATLO) has a dividend yield of 4.24%. It brought in $6.7 million in net income and $0.74 in GAAP EPS for its third fiscal quarter.

9 of the 867 hedge funds polled by Insider Monkey had holdings in the company during Q3 2021. Fourthstone LLC owned 58,296 Ames National Corporation (NASDAQ:ATLO) shares by Q3 2021 end. These were worth $1 million and represented 0.53% of its portfolio.

Ames National Corporation (NASDAQ:ATLO)’s the largest investor is Alexander Medina Seaver’s Stadium Capital Management. It owns 422,650 shares worth $9.8 million.

You can also take a peek at the 10 Best Biotech Stocks To Buy For 2021 and 10 Most Profitable Cash-Only Businesses To Avoid Taxes.

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