Virginia National Bankshares Corporation Announces 8% Stock Dividend and Increased Quarterly Cash Dividend
Virginia National Bankshares Corporation (NASDAQ: VABK) has declared a dual dividend package consisting of an 8% stock dividend and an increased quarterly cash dividend. The stock dividend, which will result in approximately 430,000 additional outstanding shares, is scheduled for payment on November 30, 2026, to shareholders of record as of November 20, 2026. Following the stock distribution, the Board increased the quarterly cash dividend by $0.02 per share to a total of $0.38. This new rate represents an annualized yield of approximately 2.85% based on recent closing prices. The cash dividend is set for payment on December 15, 2026, to shareholders of record as of December 1, 2026.
Coverage
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- Virginia National Bankshares Corporation Announces 8% Stock Dividend and Increased Quarterly Cash Dividend