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. The dividend will be paid on March 28, 2025, to shareholders of record as of March 14, 2025. Based on the company's closing stock price on February 26, 2025, this quarterly distribution represents an annual yield of approximately 3.66% for shareholders.

Positive

• Quarterly dividend maintained at $0.33 per share
• 3.66% annual dividend yield

Negative

• None.

CHARLOTTESVILLE, Va., Feb. 27, 2025 /PRNewswire/ -- Virginia National Bankshares Corporation (the "Company") (NASDAQ: VABK) announced today that on February 26, 2025 its Board of Directors declared a quarterly cash dividend of $0.33 per share to be paid on March 28, 2025 to shareholders of record as of March 14, 2025.  The quarterly cash dividend represents an annual yield to shareholders of approximately 3.66% based on the closing price of the Company's common stock on February 26, 2025.

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 seven 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

What is the dividend amount for VABK stock in Q1 2025?

Virginia National Bankshares (VABK) declared a quarterly dividend of $0.33 per share for Q1 2025.

When is the payment date for VABK's latest dividend?

The dividend will be paid on March 28, 2025, to shareholders of record as of March 14, 2025.

What is the dividend yield for Virginia National Bankshares stock?

Based on the closing price as of February 26, 2025, VABK's quarterly dividend represents an annual yield of approximately 3.66%.

What is the record date for VABK's Q1 2025 dividend?

The record date for VABK's Q1 2025 dividend is March 14, 2025.