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

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

Virginia National Bankshares Price Performance

Shares of VABK opened at $44.15 on Friday. Virginia National Bankshares has a twelve month low of $36.60 and a twelve month high of $48.76. The company has a market capitalization of $239.29 million, a P/E ratio of 11.96 and a beta of 0.45. The firm has a 50 day moving average of $43.97 and a 200 day moving average of $41.63. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.11.

Virginia National Bankshares (NASDAQ:VABK) last released its quarterly earnings data on Thursday, July 23rd. The company reported $1.65 earnings per share (EPS) for the quarter. Virginia National Bankshares had a return on equity of 11.15% and a net margin of 24.15%.The business had revenue of $19.78 million for the quarter.

Institutional Trading of Virginia National Bankshares

A number of large investors have recently made changes to their positions in the stock. Farther Finance Advisors LLC purchased a new stake in Virginia National Bankshares in the fourth quarter worth approximately $1,815,000. North Star Investment Management Corp. purchased a new stake in Virginia National Bankshares during the 1st quarter valued at $840,000. Endeavour Capital Advisors Inc. raised its stake in Virginia National Bankshares by 0.3% during the 4th quarter. Endeavour Capital Advisors Inc. now owns 261,523 shares of the company’s stock valued at $10,422,000 after buying an additional 739 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Virginia National Bankshares by 19.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,816 shares of the company’s stock valued at $187,000 after buying an additional 787 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC bought a new position in shares of Virginia National Bankshares during the 4th quarter valued at $204,000. 37.39% of the stock is currently owned by institutional investors.

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.