VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES QUARTERLY CASH DIVIDEND

Rhea-AI Summary

Virginia National Bankshares (NASDAQ: VABK) has declared a quarterly cash dividend of $0.33 per share, to be paid on December 20, 2024, to shareholders of record as of December 6, 2024. Based on the company's closing stock price on October 24, 2024, this dividend represents an approximate annual yield of 3.25% to shareholders.

Positive

• Quarterly dividend payment of $0.33 per share maintained
• Annual dividend yield of 3.25% provides steady income for shareholders

Negative

• None.

News Market Reaction – VABK

-1.70%

-1.70% Session move

In the trading session that priced this news, VABK declined 1.70%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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CHARLOTTESVILLE, Va., Oct. 25, 2024 /PRNewswire/ -- Virginia National Bankshares Corporation (the "Company") (NASDAQ: VABK) announced today that on October 23, 2024 its Board of Directors declared a quarterly cash dividend of $0.33 per share to be paid on December 20, 2024 to shareholders of record as of December 6, 2024. The quarterly cash dividend represents an annual yield to shareholders of approximately 3.25% based on the closing price of the Company's common stock on October 24, 2024.

About Virginia National Bankshares Corporation

Virginia National Bankshares Corporation, headquartered in Charlottesville, Virginia, is the bank holding company for Virginia National Bank. The Bank has eight banking offices throughout Fauquier and Prince William counties, three banking offices in Charlottesville and Albemarle County, and banking offices in Winchester and Richmond, Virginia. The Bank offers a full range of banking and related financial services to meet the needs of individuals, businesses and charitable organizations, including the fiduciary services of VNB Trust and Estate Services.

The Company's common stock trades on the Nasdaq Capital Market under the symbol "VABK." Additional information on the Company is also available at www.vnbcorp.com.

 

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SOURCE Virginia National Bankshares Corporation

FAQ

When is Virginia National Bankshares (VABK) paying its next dividend?

Virginia National Bankshares will pay its next quarterly dividend on December 20, 2024.

What is the dividend amount for VABK stock?

VABK's quarterly dividend is $0.33 per share, representing an annual yield of approximately 3.25%.

What is the record date for VABK's December 2024 dividend?

The record date for VABK's December 2024 dividend is December 6, 2024.

What is the current dividend yield for Virginia National Bankshares (VABK)?

Based on the closing price as of October 24, 2024, VABK's dividend yield is approximately 3.25% annually.