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

Virginia National Bankshares Corporation (NASDAQ:VABK) announced a quarterly dividend on Thursday, July 23rd. Stockholders of record on Friday, August 14th will be paid a dividend of 0.36 per share on Friday, August 28th. This represents a c) annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Friday, August 14th.

Virginia National Bankshares Stock Performance

Shares of Virginia National Bankshares stock opened at $44.15 on Friday. Virginia National Bankshares has a 52 week low of $36.60 and a 52 week high of $48.76. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.11. The business has a 50 day moving average price of $43.97 and a 200-day moving average price of $41.63. The company has a market cap of $239.29 million, a PE ratio of 11.96 and a beta of 0.45.

Virginia National Bankshares (NASDAQ:VABK) last announced its earnings results on Thursday, July 23rd. The company reported $1.65 earnings per share (EPS) for the quarter. Virginia National Bankshares had a return on equity of 11.15% and a net margin of 24.15%.The company had revenue of $19.78 million for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Virginia National Bankshares in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Virginia National Bankshares Company Profile

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.