dividend
confidence high
sentiment positive
materiality 0.50
VABK declares 8% stock dividend and raises quarterly cash dividend to $0.38 per share
Virginia National Bankshares Corp
- 8% stock dividend: 0.08 shares per share held, record date Nov 20, 2026, payable Nov 30, 2026; cash paid in lieu of fractional shares.
- Quarterly cash dividend raised $0.02 to $0.38 per share, record date Dec 1, 2026, payable Dec 15, 2026, on the post-stock-dividend share count.
- Stock dividend adds roughly 430,000 shares, increasing outstanding common stock from 5.4 million to 5.9 million.
- Quarterly cash dividend implies an annualized yield of about 2.85% based on the Nov 9, 2026 closing price.
- CEO Glenn Rust said the company's strong financial position supports continued delivery of shareholder value.