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

Virginia National Bankshares Corporation (NASDAQ:VABK) declared a quarterly dividend on Tuesday, January 27th. Stockholders of record on Friday, February 13th will be paid a dividend of 0.36 per share on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend is Friday, February 13th.

Virginia National Bankshares Stock Up 2.7%

Shares of VABK stock traded up $1.06 on Thursday, hitting $40.69. The company’s stock had a trading volume of 4,466 shares, compared to its average volume of 5,422. The stock has a market capitalization of $219.32 million, a price-to-earnings ratio of 12.01 and a beta of 0.42. Virginia National Bankshares has a fifty-two week low of $34.12 and a fifty-two week high of $44.57. The firm’s fifty day moving average price is $40.54 and its 200-day moving average price is $39.61. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.91 and a quick ratio of 0.91.

Virginia National Bankshares (NASDAQ:VABK) last posted its earnings results on Thursday, January 29th. The company reported $1.10 earnings per share for the quarter. The company had revenue of $13.43 million for the quarter. Virginia National Bankshares had a return on equity of 10.58% and a net margin of 21.37%.

About Virginia National Bankshares

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.