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

Virginia National Bankshares Corporation (NASDAQ:VABK) announced a quarterly dividend on Tuesday, January 27th. Investors 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 yield of 3.5%. The ex-dividend date is Friday, February 13th.

Virginia National Bankshares Stock Performance

VABK traded up $1.06 during midday trading on Thursday, reaching $40.69. The company’s stock had a trading volume of 4,466 shares, compared to its average volume of 5,893. Virginia National Bankshares has a twelve month low of $34.12 and a twelve month high of $44.57. The stock has a market cap of $219.32 million, a P/E ratio of 12.33 and a beta of 0.42. The company has a fifty day simple moving average of $40.54 and a 200 day simple moving average of $39.61. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.17.

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

Institutional Trading of Virginia National Bankshares

Institutional investors have recently bought and sold shares of the stock. Atlantic Union Bankshares Corp raised its stake in Virginia National Bankshares by 1,526.0% during the third quarter. Atlantic Union Bankshares Corp now owns 242,309 shares of the company’s stock worth $9,404,000 after acquiring an additional 227,407 shares in the last quarter. Farther Finance Advisors LLC bought a new stake in shares of Virginia National Bankshares in the 4th quarter worth about $1,815,000. Fiduciary Trust Co acquired a new stake in shares of Virginia National Bankshares during the 3rd quarter worth about $393,000. Endeavour Capital Advisors Inc. lifted its holdings in Virginia National Bankshares by 3.9% during the 3rd quarter. Endeavour Capital Advisors Inc. now owns 260,784 shares of the company’s stock valued at $10,121,000 after purchasing an additional 9,862 shares during the last quarter. Finally, Two Sigma Investments LP acquired a new position in Virginia National Bankshares in the third quarter valued at about $303,000. Institutional investors and hedge funds own 37.39% of the company’s stock.

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.