Virginia National Bankshares Co. (VABK) to Issue Quarterly Dividend of $0.33 on September 20th

Virginia National Bankshares Co. (NASDAQ:VABK) declared a quarterly dividend on Wednesday, July 24th, Zacks reports. Shareholders of record on Friday, September 6th will be paid a dividend of 0.33 per share on Friday, September 20th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.38%. The ex-dividend date is Friday, September 6th.

Virginia National Bankshares Stock Performance

Virginia National Bankshares stock opened at $39.05 on Wednesday. The stock’s 50 day moving average is $35.90 and its 200 day moving average is $31.64. The company has a market capitalization of $209.70 million, a P/E ratio of 12.28 and a beta of 0.44. Virginia National Bankshares has a twelve month low of $24.06 and a twelve month high of $43.08. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.19.

Virginia National Bankshares (NASDAQ:VABK) last issued its quarterly earnings results on Friday, July 19th. The company reported $0.77 earnings per share for the quarter. Virginia National Bankshares had a return on equity of 10.50% and a net margin of 19.25%. The firm had revenue of $12.87 million during the quarter.

About Virginia National Bankshares

Virginia National Bankshares Corporation operates as the holding company for Virginia National Bank that provides a range of commercial and retail banking services. The company operates through Bank, Sturman Wealth Advisors, VNB Trust and Estate Services, and Masonry Capital segments. It provides checking accounts, demand deposits, NOW accounts, money market deposit accounts, time deposits, certificates of deposit, individual retirement accounts, and other depository services.