American National Bankshares Inc. Declares Quarterly Dividend

American National Bankshares Inc. (NASDAQ: AMNB) has declared a quarterly cash dividend of $0.27 per share, consistent with the previous quarter.

Rhea-AI Impact

(Moderate)

Rhea-AI Sentiment

(Neutral)How Sentiment works

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.

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Rhea-AI Summary

American National Bankshares Inc. (NASDAQ: AMNB) has declared a quarterly cash dividend of $0.27 per share, consistent with the previous quarter. This dividend will be payable on December 18, 2020, to shareholders recorded by December 4, 2020. Based on the stock's closing price of $28.54 on November 16, 2020, the dividend yields approximately 3.8%. American National holds total assets around $2.9 billion and serves Virginia and North Carolina through 25 banking offices.

Positive

Quarterly dividend maintained at $0.27 per share
Dividend yield of approximately 3.8% enhances shareholder income

Negative

None.

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-5.34% session move Open Argus

Details

News Market Reaction – AMNB

The recorded move for AMNB in the trading session of this news was -5.34%.

Data tracked by StockTitan Argus. Session date unavailable.

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11/17/2020 - 04:05 PM EST

DANVILLE, Va., Nov. 17, 2020 (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 $0.27 per common share, payable December 18, 2020 to shareholders of record December 4, 2020.

The dividend amount is the same as the prior quarter’s dividend and based on the stock’s closing price of $28.54 on November 16, 2020, represents a dividend yield of approximately 3.8%.

About American National
American National is a multi-state bank holding company with total assets of approximately $2.9 billion. Headquartered in Danville, Virginia, American National is the parent company of American National Bank and Trust Company. American National Bank is a community bank serving Virginia and North Carolina with 25 banking offices. American National Bank also manages an additional $884 million of trust, investment and brokerage assets in its Trust and Investment Services Division. Additional information about American National and American National Bank is available on American National’s website at www.amnb.com.


Contact:	Jeffrey W. Farrar, Chief Operating and Financial Officer
	434-773-2274
	*farrarj@amnb.com*

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the AMNB dividend amount for December 2020?

The dividend amount for December 2020 is $0.27 per common share.

When is the AMNB dividend payable?

The AMNB dividend will be payable on December 18, 2020.

What is the record date for AMNB's dividend?

The record date for AMNB's dividend is December 4, 2020.

What is the dividend yield for AMNB?

The dividend yield for AMNB, based on the closing price of $28.54, is approximately 3.8%.

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