Virginia National Bankshares Corporation (NASDAQ:VABK) Announces Quarterly Dividend of $0.38

Virginia National Bankshares Corporation (NASDAQ:VABK – Get Free Report) declared a quarterly dividend on Tuesday, November 10th. Investors of record on Tuesday, December 1st will be given a dividend of $0.38 per share on Tuesday, December 15th. This represents a $1.52 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend 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%

Virginia National Bankshares stock traded down $0.06 during mid-day trading on Tuesday, reaching $53.31. The stock had a trading volume of 14,023 shares, compared to its average volume of 8,884. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.93 and a current ratio of 0.93. The stock’s 50-day simple moving average is $49.03 and its 200-day simple moving average is $44.22. The firm has a market capitalization of $289.47 million, a PE ratio of 10.84 and a beta of 0.46. Virginia National Bankshares has a fifty-two week low of $37.35 and a fifty-two week high of $55.00.

Virginia National Bankshares (NASDAQ:VABK – Get Free Report) last issued its quarterly earnings results on Thursday, October 29th. The company reported $1.20 EPS for the quarter. The business had revenue of $16.22 million for the quarter. Virginia National Bankshares had a return on equity of 14.21% and a net margin of 29.92%.

Virginia National Bankshares Company Profile

(Get Free Report)

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.

Further Reading

Dividend History for Virginia National Bankshares (NASDAQ:VABK)

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