Virginia National Bankshares Corporation (VABK) to Issue Quarterly Dividend of $0.38 on December 15th

Virginia National Bankshares Corporation (NASDAQ:VABK) announced a quarterly dividend on Monday, November 9th. Stockholders of record on Tuesday, December 1st will be paid a dividend of $0.38 per share on Tuesday, December 15th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Tuesday, December 1st. This is a 5.6% increase from Virginia National Bankshares’s previous quarterly dividend of $0.36.

Virginia National Bankshares Stock Down 0.1%

Shares of VABK opened at $53.31 on Wednesday. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.10. The company’s 50-day moving average price is $49.17 and its 200 day moving average price is $44.28. Virginia National Bankshares has a 12-month low of $37.35 and a 12-month high of $55.00. The firm has a market cap of $289.47 million, a P/E ratio of 10.85 and a beta of 0.46.

Virginia National Bankshares (NASDAQ:VABK) last posted its quarterly earnings data on Thursday, October 29th. The company reported $1.20 earnings per share for the quarter. Virginia National Bankshares had a net margin of 29.92% and a return on equity of 14.21%. The firm had revenue of $16.22 million for the quarter.

Virginia National Bankshares Company Profile

Virginia National Bankshares Corp. is a bank holding company headquartered in Charlottesville, Virginia. It operates through its principal subsidiary, Virginia National Bank, a community bank serving individuals, families, businesses and organizations in Virginia. Virginia National Bank provides a range of financial services, including checking and savings accounts, certificates of deposit, residential and commercial real estate lending, consumer loans, business loans and treasury management services.