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American National Bankshares Inc. Declares Quarterly Dividend

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dividends

Rhea-AI Summary

American National Bankshares Inc. (AMNB) has declared a quarterly cash dividend of $0.27 per common share, payable on September 17, 2021, to shareholders of record by September 3, 2021. This dividend matches the previous quarter's amount and yields approximately 3.7% based on the stock's closing price of $29.57 on July 20, 2021. American National, headquartered in Danville, Virginia, operates as a community bank serving Virginia and North Carolina with total assets around $3.2 billion.

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Positive

  • Quarterly cash dividend of $0.27 per share indicates stable income for shareholders.
  • Dividend yield of approximately 3.7% reflects company confidence.

Negative

  • None.

News Market Reaction – AMNB

+3.15%
+3.15% Session move

In the trading session that priced this news, AMNB gained 3.15%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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DANVILLE, Va., July 21, 2021 (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 September 17, 2021 to shareholders of record September 3, 2021.

The dividend amount is the same as the prior quarter’s dividend and based on the stock’s closing price of $29.57 on July 20, 2021, represents a dividend yield of approximately 3.7%.
        
About American National
American National is a multi-state bank holding company with total assets of approximately $3.2 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 26 banking offices. American National Bank also manages an additional $1.0 billion of trust, investment and brokerage assets in its Wealth 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 Chief Financial Officer
        434-773-2274        
 farrarj@amnb.com


FAQ

What is the dividend amount declared by AMNB?

American National Bankshares Inc. declared a quarterly cash dividend of $0.27 per common share.

When will the dividend be paid to shareholders of AMNB?

The dividend will be paid on September 17, 2021, to shareholders of record by September 3, 2021.

What is the dividend yield for AMNB?

The dividend yield for American National Bankshares Inc. is approximately 3.7% based on a closing stock price of $29.57.