Virginia National Bankshares Co. to Issue Quarterly Dividend of $0.33 (NASDAQ:VABK)

Virginia National Bankshares Co. (NASDAQ:VABK) announced a quarterly dividend on Wednesday, July 24th, Zacks reports. Stockholders of record on Friday, September 6th will be given 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 3.35%. The ex-dividend date of this dividend is Friday, September 6th.

Virginia National Bankshares Price Performance

NASDAQ VABK opened at $39.35 on Thursday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.86 and a current ratio of 0.86. The company has a market capitalization of $211.35 million, a price-to-earnings ratio of 12.37 and a beta of 0.44. The stock has a 50-day moving average of $36.06 and a 200 day moving average of $31.70. Virginia National Bankshares has a one year low of $24.06 and a one year high of $43.08.

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

Virginia National Bankshares Company Profile

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.