American National Bankshares Inc. Announces Quarterly Cash Dividend
American National Bankshares Inc. (NASDAQ: AMNB) has declared a quarterly cash dividend of $0.28 per common share, payable on September 16, 2022 to shareholders of record by September 2, 2022.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
American National Bankshares Inc. (NASDAQ: AMNB) has declared a quarterly cash dividend of $0.28 per common share, payable on September 16, 2022 to shareholders of record by September 2, 2022. This dividend maintains the same amount as the prior quarter, yielding approximately 3.1% based on a closing stock price of $35.60 as of July 19, 2022. The bank, headquartered in Danville, Virginia, manages around $3.3 billion in total assets and serves Virginia and North Carolina with 26 banking offices.
Positive
- Quarterly cash dividend of $0.28 maintains consistency.
- Dividend yield of approximately 3.1% is attractive for income-focused investors.
- Total assets of about $3.3 billion indicate solid financial standing.
Negative
- None.
Details
News Market Reaction – AMNB
The recorded move for AMNB in the trading session of this news was +1.46%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
DANVILLE, Va., July 20, 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 | |||
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