Virginia National Bankshares Corporation operates as the holding company for Virginia National Bank that provides a range of commercial banking services. The company operates through four segments: Bank, Sturman Wealth Advisors, VNB Trust and Estate Services, and Masonry Capital. It provides checking accounts, demand deposits, NOW accounts, money market deposit accounts, time deposits, certificates of deposit, individual retirement accounts, and other depository services. The company also offers commercial and industrial loans, real estate construction and land loans, commercial real estate loans, and 1-4 family residential mortgages, as well as consumer loans comprising student loans, revolving credit, and other fixed payment loans. In addition, it provides automated teller machines, internet banking, treasury, and cash management services, as well as merchant and debit card services; and wealth and investment advisory, brokerage, insurance, consulting, and related services. Further, the company offers investment management, corporate trustee, trust and estate administration, IRA administration, house investment management, and custody services. It serves individuals, businesses, and charitable organizations. As of December 31, 2021, the company operated sixteen full-service banking facilities in the cities of Charlottesville, Manassas, Richmond, and Winchester, as well as the counties of Albemarle, Fauquier, and Prince William. Virginia National Bankshares Corporation was founded in 1998 and is headquartered in Charlottesville, Virginia.
Virginia National Bankshares Dividend Announcement
• Virginia National Bankshares announced a quarterly dividend of $0.33 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-09-06
• Virginia National Bankshares annual dividend for 2024 was $0.99
• Virginia National Bankshares annual dividend for 2023 was $1.32
• Virginia National Bankshares's trailing twelve-month (TTM) dividend yield is 4.23%
• Virginia National Bankshares's payout ratio for the trailing twelve months (TTM) is 45.33%
• Virginia National Bankshares's dividend growth over the last five years (2018-2023) was 3.90% year
• Virginia National Bankshares's dividend growth over the last ten years (2013-2023) was 24.90% year
Virginia National Bankshares Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-06 | $0.33 | quarterly | 2024-09-20 |
| 2024-06-14 | $0.33 | quarterly | 2024-06-28 |
| 2024-03-13 | $0.33 | quarterly | 2024-03-28 |
| 2023-12-07 | $0.33 | quarterly | 2023-12-22 |
| 2023-09-07 | $0.33 | quarterly | 2023-09-22 |
| 2023-06-08 | $0.33 | quarterly | 2023-06-23 |
| 2023-03-09 | $0.33 | quarterly | 2023-03-24 |
| 2022-12-19 | $0.30 | quarterly | 2022-12-30 |
| 2022-09-08 | $0.30 | quarterly | 2022-09-23 |
| 2022-06-09 | $0.30 | quarterly | 2022-06-24 |
| 2022-03-10 | $0.30 | quarterly | 2022-03-25 |
| 2021-12-17 | $0.30 | quarterly | 2021-12-31 |
| 2021-09-09 | $0.30 | quarterly | 2021-09-24 |
| 2021-06-10 | $0.30 | quarterly | 2021-06-25 |
| 2021-03-11 | $0.30 | quarterly | 2021-03-26 |
| 2020-12-21 | $0.30 | quarterly | 2021-01-05 |
| 2020-10-06 | $0.30 | quarterly | 2020-10-21 |
| 2020-07-07 | $0.30 | quarterly | 2020-07-22 |
| 2020-04-03 | $0.30 | quarterly | 2020-04-17 |
| 2019-12-26 | $0.30 | quarterly | 2020-01-10 |
| 2019-10-03 | $0.30 | quarterly | 2019-10-18 |
| 2019-07-11 | $0.30 | quarterly | 2019-07-26 |
| 2019-04-03 | $0.30 | quarterly | 2019-04-18 |
| 2018-12-27 | $0.30 | quarterly | 2019-01-11 |
| 2018-09-27 | $0.30 | quarterly | 2018-10-12 |
| 2018-06-28 | $0.30 | quarterly | 2018-07-13 |
| 2018-04-02 | $0.19 | quarterly | 2018-04-27 |
| 2017-12-28 | $0.18 | quarterly | 2018-01-12 |
| 2017-03-31 | $0.12 | quarterly | 2017-04-13 |
| 2016-12-28 | $0.12 | quarterly | 2017-01-17 |
| 2016-09-28 | $0.12 | quarterly | 2016-10-12 |
| 2016-06-28 | $0.12 | quarterly | 2016-07-12 |
| 2016-03-29 | $0.10 | quarterly | 2016-04-12 |
| 2015-12-30 | $0.10 | quarterly | 2016-01-18 |
| 2015-09-28 | $0.10 | quarterly | 2015-10-12 |
| 2015-06-26 | $0.10 | quarterly | 2015-07-10 |
| 2015-03-27 | $0.07 | quarterly | 2015-04-10 |
| 2014-12-30 | $0.07 | quarterly | 2015-01-16 |
| 2014-09-26 | $0.07 | quarterly | 2014-10-10 |
| 2014-06-26 | $0.07 | quarterly | 2014-07-11 |
| 2014-03-27 | $0.05 | quarterly | 2014-04-11 |
| 2013-12-30 | $0.05 | quarterly | 2014-01-10 |
| 2013-09-27 | $0.05 | quarterly | 2013-10-10 |
| 2013-07-03 | $0.05 | quarterly | 2013-07-19 |
Virginia National Bankshares Dividend per year
Virginia National Bankshares Dividend growth
Virginia National Bankshares Dividend Yield
Virginia National Bankshares current trailing twelve-month (TTM) dividend yield is 4.23%. Interested in purchasing Virginia National Bankshares stock? Use our calculator to estimate your expected dividend yield:
Virginia National Bankshares Financial Ratios
P/E ratio13.42
PEG ratio7.85
P/B ratio1.36
ROE10.50%
Payout ratio45.33%
Current ratio0.03
Quick ratio1.45
Cash Ratio0.02
Virginia National Bankshares Dividend FAQ
How much is the next Virginia National Bankshares dividend?
Virginia National Bankshares's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Virginia National Bankshares dividend. The next Virginia National Bankshares dividend will be released in March, June, September, or December.
When is Virginia National Bankshares dividend paid?
Virginia National Bankshares pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Virginia National Bankshares pay?
The specific amount of Virginia National Bankshares dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Virginia National Bankshares's dividend history.
Does Virginia National Bankshares stock pay dividends?
Yes, Virginia National Bankshares does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Virginia National Bankshares's dividend history.
How much dividend does Virginia National Bankshares pay?
Virginia National Bankshares paid $0.99 in 2024, $1.32 in 2023, $1.2 in 2022, $1.2 in 2021, and $1.2 in 2020.
How often does Virginia National Bankshares pay dividends?
Virginia National Bankshares typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Virginia National Bankshares's dividend yield?
The current dividend yield for Virginia National Bankshares is 4.23%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Virginia National Bankshares's exact dividend yield.
When does Virginia National Bankshares go ex dividend?
Virginia National Bankshares's ex-dividend date for the latest dividend was on 2024-09-06. Virginia National Bankshares typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Virginia National Bankshares dividend paid?
Virginia National Bankshares pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Virginia National Bankshares increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Virginia National Bankshares will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Virginia National Bankshares dividend per share?
Virginia National Bankshares paid $0.99 per share in 2024 and $1.32 per share in 2023. The amount of dividend per share that Virginia National Bankshares pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Virginia National Bankshares a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Virginia National Bankshares a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Virginia National Bankshares a dividend stock?
Yes, Virginia National Bankshares is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Virginia National Bankshares a good dividend stock?
Whether Virginia National Bankshares is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Virginia National Bankshares has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Virginia 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.
Other factors to consider when evaluating Virginia 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.
Does Virginia National Bankshares pay dividends monthly?
Virginia National Bankshares typically pays dividends on a quarterly basis.
Does Virginia National Bankshares pay dividends quarterly?
Virginia National Bankshares currently pays dividends on a quarterly basis.
Has Virginia National Bankshares ever paid a dividend?
Yes, Virginia National Bankshares has a history of paying dividends to its shareholders. Virginia National Bankshares is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Virginia National Bankshares dividend stocks?
To buy Virginia National Bankshares you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Virginia National Bankshares stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Virginia National Bankshares stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Virginia National Bankshares pay dividends 2024?
Virginia National Bankshares pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-20. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Virginia National Bankshares increase its dividend in 2024?
Decisions regarding Virginia National Bankshares dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Virginia National Bankshares dividend overview you can look into the above table of dividend history.
How Virginia National Bankshares dividend works?
The Virginia National Bankshares dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Virginia National Bankshares's dividend process works:
1. Determination of Dividend: Virginia 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, Virginia 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, Virginia 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 Virginia 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. Determination of Dividend: Virginia 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, Virginia 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, Virginia 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 Virginia 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.
How are Virginia National Bankshares dividends paid?
Virginia National Bankshares dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Virginia 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, Virginia 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: Virginia 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.
1. Record Date: Virginia 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, Virginia 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: Virginia 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.
How many times does Virginia National Bankshares pay dividends?
Virginia National Bankshares typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Virginia National Bankshares pay dividends?
The general pattern is that Virginia National Bankshares pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Virginia National Bankshares dividend safe?
The safety of Virginia National Bankshares's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Virginia 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 Virginia 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.
To assess the safety of Virginia 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 Virginia 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.