National Bankshares, Inc. operates as the bank holding company for the National Bank of Blacksburg that provides retail and commercial banking products and services to individuals, businesses, non-profits, and local governments. The company accepts interest-bearing and non-interest bearing demand deposit accounts, money market deposit accounts, savings accounts, certificates of deposit, health savings accounts, and individual retirement accounts. Its loan products include commercial and agricultural, commercial real estate, residential real estate, home equity, and various consumer loan products, as well as loans for the construction of commercial and residential properties. The company also provides business and consumer debit and credit cards; letters of credit, night depository services, safe deposit boxes, utility payment services, and automatic funds transfer; wealth management, trust, and estate services; non-deposit investment and insurance products; and telephone, mobile, and Internet banking services. It operates 23 branch offices, a loan production office, and 22 automated teller machines in Southwest Virginia. National Bankshares, Inc. was founded in 1891 and is headquartered in Blacksburg, Virginia.
National Bankshares Dividend Announcement
• National Bankshares announced a quarterly dividend of $0.78 per ordinary share which will be made payable on 2024-12-02. Ex dividend date: 2024-11-25
• National Bankshares annual dividend for 2024 was $1.51
• National Bankshares annual dividend for 2023 was $2.51
• National Bankshares's trailing twelve-month (TTM) dividend yield is 4.99%
• National Bankshares's payout ratio for the trailing twelve months (TTM) is 101.94%
• National Bankshares's dividend growth over the last five years (2018-2023) was 15.71% year
• National Bankshares's dividend growth over the last ten years (2013-2023) was 8.40% year
National Bankshares Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-25 | $0.78 | quarterly | 2024-12-02 |
2024-05-24 | $0.73 | quarterly | 2024-06-03 |
2023-11-17 | $0.78 | quarterly | 2023-12-01 |
2023-05-19 | $0.73 | quarterly | 2023-06-01 |
2023-01-20 | $1.00 | quarterly | 2023-02-03 |
2022-11-18 | $0.78 | quarterly | 2022-12-01 |
2022-05-20 | $0.72 | quarterly | 2022-06-01 |
2021-11-19 | $0.74 | quarterly | 2021-12-01 |
2021-05-21 | $0.70 | quarterly | 2021-06-01 |
2020-11-20 | $0.72 | quarterly | 2020-12-01 |
2020-05-21 | $0.67 | quarterly | 2020-06-01 |
2019-11-22 | $0.72 | quarterly | 2019-12-02 |
2019-05-24 | $0.67 | quarterly | 2019-06-03 |
2018-11-23 | $0.63 | quarterly | 2018-12-03 |
2018-05-18 | $0.58 | quarterly | 2018-06-01 |
2017-11-17 | $0.61 | quarterly | 2017-12-01 |
2017-05-18 | $0.56 | quarterly | 2017-06-01 |
2016-11-17 | $0.61 | quarterly | 2016-12-01 |
2016-05-19 | $0.55 | quarterly | 2016-06-01 |
2015-11-13 | $0.61 | quarterly | 2015-12-01 |
2015-05-21 | $0.53 | quarterly | 2015-06-02 |
2014-11-20 | $0.58 | quarterly | 2014-12-05 |
2014-05-22 | $0.55 | quarterly | 2014-06-04 |
2013-11-26 | $0.58 | quarterly | 2013-12-06 |
2013-05-22 | $0.54 | quarterly | 2013-06-03 |
National Bankshares Dividend per year
National Bankshares Dividend growth
National Bankshares Dividend Yield
National Bankshares current trailing twelve-month (TTM) dividend yield is 4.99%. Interested in purchasing National Bankshares stock? Use our calculator to estimate your expected dividend yield:
National Bankshares Financial Ratios
National Bankshares Dividend FAQ
Other factors to consider when evaluating National Bankshares as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: National Bankshares's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, National Bankshares publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, National Bankshares distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from National Bankshares are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: National Bankshares sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, National Bankshares distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: National Bankshares declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of National Bankshares's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review National Bankshares's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.