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

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

Virginia National Bankshares Stock Down 0.8%

Shares of NASDAQ:VABK 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 firm has a market capitalization of $239.29 million, a P/E ratio of 11.96 and a beta of 0.45. The stock has a 50 day moving average price of $43.97 and a 200-day moving average price of $41.63. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.92 and a current ratio of 0.92.

Virginia National Bankshares (NASDAQ:VABK) last released its quarterly earnings results on Thursday, July 23rd. The company reported $1.65 earnings per share 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.

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.