Virginia National Bankshares Corporation (VABK) to Issue Quarterly Dividend of $0.36 on August 28th

Virginia National Bankshares Corporation (NASDAQ:VABK) declared a quarterly dividend on Wednesday, July 22nd. Shareholders of record on Friday, August 14th will be given a dividend of 0.36 per share on Friday, August 28th. This represents a c) dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Friday, August 14th.

Virginia National Bankshares Trading Up 0.4%

Shares of NASDAQ:VABK opened at $47.06 on Wednesday. The stock’s 50-day simple moving average is $45.00 and its two-hundred day simple moving average is $42.22. The stock has a market capitalization of $255.21 million, a price-to-earnings ratio of 10.32 and a beta of 0.45. Virginia National Bankshares has a 52-week low of $36.91 and a 52-week high of $50.00. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.92 and a current ratio of 0.92.

Virginia National Bankshares (NASDAQ:VABK) last released its quarterly earnings results on Thursday, July 23rd. The company reported $1.65 EPS for the quarter. Virginia National Bankshares had a net margin of 28.18% and a return on equity of 13.58%. The firm had revenue of $19.78 million during the quarter.

Virginia National Bankshares Company Profile

Virginia National Bankshares, Inc is a bank holding company headquartered in Virginia. Through its wholly owned subsidiary, Virginia National Bank, the company offers a full suite of commercial and consumer banking services across its regional footprint.

Its product lineup includes traditional deposit accounts such as checking, savings, money market and certificate of deposit offerings. On the lending side, Virginia National Bank provides commercial loans, business lines of credit, residential and commercial real estate mortgages, construction financing and consumer installment loans.