American National Bankshares Inc. Announces Quarterly Cash Dividend

Rhea-AI Summary

American National Bankshares Inc. (NASDAQ: AMNB) announced a quarterly cash dividend of $0.28 per common share, payable on March 18, 2022, to shareholders of record as of March 4, 2022. This dividend amount remains consistent with the previous quarter’s dividend. Based on the stock's closing price of $38.38 on February 14, 2022, the dividend yield is approximately 2.9%.

Headquartered in Danville, Virginia, American National has total assets of approximately $3.3 billion and operates 26 banking offices in Virginia and North Carolina.

Positive

• Quarterly cash dividend of $0.28 per share, maintaining previous dividend level.
• Approximate dividend yield of 2.9%, providing income for shareholders.
• Total assets of approximately $3.3 billion, indicating financial stability.

Negative

• None.

DANVILLE, Va., Feb. 15, 2022 (GLOBE NEWSWIRE) -- American National Bankshares Inc. (NASDAQ: AMNB), parent company of American National Bank and Trust Company, announced its Board of Directors has declared a quarterly cash dividend of $0.28 per common share, payable March 18, 2022 to shareholders of record March 4, 2022.

The dividend amount is the same as the prior quarter’s dividend and based on the stock’s closing price of $38.38 on February 14, 2022, represents a dividend yield of approximately 2.9%.

About American National
American National is a multi-state bank holding company with total assets of approximately $3.3 billion. Headquartered in Danville, Virginia, American National is the parent company of American National Bank and Trust Company. American National Bank is a community bank serving Virginia and North Carolina with 26 banking offices. American National Bank also manages an additional $1.2 billion of trust, investment and brokerage assets in its Wealth Management Division. Additional information about American National and American National Bank is available on American National’s website at www.amnb.com.

Contact:	Jeffrey W. Farrar, Chief Operating and Chief Financial Officer
	434-773-2274
	farrarj@amnb.com

 

FAQ

What is the dividend amount declared by American National Bankshares Inc. for 2022?

American National Bankshares Inc. declared a dividend of $0.28 per common share.

When is the dividend payable to shareholders for AMNB?

The dividend is payable on March 18, 2022, to shareholders of record as of March 4, 2022.

What is the dividend yield for American National Bankshares Inc. based on the recent announcement?

The dividend yield is approximately 2.9%, based on a stock price of $38.38.

How many banking offices does American National operate?

American National operates 26 banking offices in Virginia and North Carolina.