Virginia National Bankshares Co. (OTCMKTS:VABK) Announces $0.30 Quarterly Dividend

Virginia National Bankshares Co. (OTCMKTS:VABK) announced a quarterly dividend on Wednesday, June 2nd, Wall Street Journal reports. Shareholders of record on Friday, June 11th will be paid a dividend of 0.30 per share on Friday, June 25th. This represents a $1.20 dividend on an annualized basis and a yield of 3.67%. The ex-dividend date of this dividend is Thursday, June 10th.

Virginia National Bankshares stock opened at $32.71 on Wednesday. The business has a 50-day simple moving average of $32.79. Virginia National Bankshares has a twelve month low of $23.30 and a twelve month high of $40.00. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.89 and a current ratio of 0.89.

Virginia National Bankshares (OTCMKTS:VABK) last posted its earnings results on Friday, April 30th. The company reported $0.55 earnings per share for the quarter. The business had revenue of $7.01 million during the quarter.

In related news, Director Kevin T. Carter sold 1,550 shares of Virginia National Bankshares stock in a transaction dated Monday, May 10th. The shares were sold at an average price of $32.22, for a total transaction of $49,941.00. 11.80% of the stock is currently owned by insiders.

Virginia National Bankshares Company Profile

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

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