American National Bankshares Inc. Announces Quarterly Cash Dividend
Rhea-AI Summary
American National Bankshares Inc. (NASDAQ: AMNB) announced a quarterly cash dividend of $0.28 per common share, payable on March 18, 2022, to shareholders of record as of March 4, 2022. This dividend amount remains consistent with the previous quarter’s dividend. Based on the stock's closing price of $38.38 on February 14, 2022, the dividend yield is approximately 2.9%.
Headquartered in Danville, Virginia, American National has total assets of approximately $3.3 billion and operates 26 banking offices in Virginia and North Carolina.
Positive
- Quarterly cash dividend of $0.28 per share, maintaining previous dividend level.
- Approximate dividend yield of 2.9%, providing income for shareholders.
- Total assets of approximately $3.3 billion, indicating financial stability.
Negative
- None.
News Market Reaction – AMNB
In the trading session that priced this news, AMNB declined 0.23%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
DANVILLE, Va., Feb. 15, 2022 (GLOBE NEWSWIRE) -- American National Bankshares Inc. (NASDAQ: AMNB), parent company of American National Bank and Trust Company, announced its Board of Directors has declared a quarterly cash dividend of
The dividend amount is the same as the prior quarter’s dividend and based on the stock’s closing price of
About American National
American National is a multi-state bank holding company with total assets of approximately
| Contact: | Jeffrey W. Farrar, Chief Operating and Chief Financial Officer |
| 434-773-2274 | |
| farrarj@amnb.com |
