Virginia National Bankshares Co. (VABK) to Issue Quarterly Dividend of $0.33 on March 28th

Virginia National Bankshares Co. (NASDAQ:VABK) declared a quarterly dividend on Wednesday, February 26th, RTT News reports. Investors of record on Friday, March 14th will be given a dividend of 0.33 per share on Friday, March 28th. This represents a $1.32 dividend on an annualized basis and a yield of 3.63%. The ex-dividend date is Friday, March 14th.

Virginia National Bankshares Stock Up 1.6 %

NASDAQ:VABK traded up $0.56 during trading hours on Friday, hitting $36.38. 3,562 shares of the stock traded hands, compared to its average volume of 5,768. The firm has a 50 day moving average price of $36.52 and a 200 day moving average price of $39.05. The firm has a market cap of $195.40 million, a price-to-earnings ratio of 11.55 and a beta of 0.46. Virginia National Bankshares has a fifty-two week low of $24.06 and a fifty-two week high of $44.00. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.32.

Virginia National Bankshares (NASDAQ:VABK) last posted its quarterly earnings results on Thursday, January 23rd. The company reported $0.85 earnings per share for the quarter. Virginia National Bankshares had a return on equity of 10.77% and a net margin of 20.32%.

About Virginia National Bankshares

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