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CHARLOTTESVILLE, Va., Dec. 15, 2020 (GLOBE NEWSWIRE) Virginia National Bankshares Corporation (the Company ) (OTCQX:VABK) announced today that on December 10, 2020, its Board of Directors declared a quarterly cash dividend of $0.30 per share to be paid on January 5, 2021 to shareholders of record as of December 22, 2020. The quarterly cash dividend represents an annual yield to shareholders of approximately 4.40% based on the closing price of the Company s common stock on December 14, 2020.
About Virginia National Bankshares Corporation
Virginia National Bankshares Corporation, headquartered in Charlottesville, Virginia, is the bank holding company for Virginia National Bank (the Bank ). The Bank has four banking offices in Charlottesville and one in Winchester, and offers loan, deposit and treasury management services in Richmond, Virginia. The Bank has entered into a lease for branch and office space in Richmond, Virginia, and plans to open the office in the fir