Virginia National Bankshares Corporation (NASDAQ:VABK) Declares Quarterly Dividend of $0.36

Virginia National Bankshares Corporation (NASDAQ:VABKGet Free Report) announced a quarterly dividend on Wednesday, April 22nd. Shareholders of record on Wednesday, May 13th will be paid a dividend of 0.36 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Wednesday, May 13th.

Virginia National Bankshares Stock Performance

Shares of Virginia National Bankshares stock traded down $0.38 on Thursday, reaching $41.43. 4,107 shares of the company traded hands, compared to its average volume of 8,439. Virginia National Bankshares has a 52 week low of $34.81 and a 52 week high of $44.57. The company has a 50 day moving average of $39.49 and a 200 day moving average of $40.00. The firm has a market capitalization of $224.63 million, a PE ratio of 11.67 and a beta of 0.42. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.91 and a quick ratio of 0.91.

Virginia National Bankshares (NASDAQ:VABKGet Free Report) last released its earnings results on Thursday, April 23rd. The company reported $0.97 earnings per share for the quarter. Virginia National Bankshares had a net margin of 23.11% and a return on equity of 11.02%. The firm had revenue of $14.40 million during the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings downgraded shares of Virginia National Bankshares from a “buy (b)” rating to a “hold (c)” rating in a research report on Friday, January 30th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

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Virginia National Bankshares Company Profile

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Virginia National Bankshares, Inc is a bank holding company headquartered in Virginia. Through its wholly owned subsidiary, Virginia National Bank, the company offers a full suite of commercial and consumer banking services across its regional footprint.

Its product lineup includes traditional deposit accounts such as checking, savings, money market and certificate of deposit offerings. On the lending side, Virginia National Bank provides commercial loans, business lines of credit, residential and commercial real estate mortgages, construction financing and consumer installment loans.

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Dividend History for Virginia National Bankshares (NASDAQ:VABK)

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