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American National Bankshares Inc. Announces Quarterly Cash Dividend

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dividends
Rhea-AI Summary

American National Bankshares Inc. (NASDAQ: AMNB) has declared a quarterly cash dividend of $0.28 per common share, payable on September 16, 2022 to shareholders of record by September 2, 2022. This dividend maintains the same amount as the prior quarter, yielding approximately 3.1% based on a closing stock price of $35.60 as of July 19, 2022. The bank, headquartered in Danville, Virginia, manages around $3.3 billion in total assets and serves Virginia and North Carolina with 26 banking offices.

Positive
  • Quarterly cash dividend of $0.28 maintains consistency.
  • Dividend yield of approximately 3.1% is attractive for income-focused investors.
  • Total assets of about $3.3 billion indicate solid financial standing.
Negative
  • None.

DANVILLE, Va., July 20, 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 September 16, 2022 to shareholders of record September 2, 2022.

The dividend amount is the same as the prior quarter’s dividend and based on the stock’s closing price of $35.60 on July 19, 2022, represents a dividend yield of approximately 3.1%.
        
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 $1.1 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 current dividend amount for AMNB?

The current dividend amount for American National Bankshares Inc. (NASDAQ: AMNB) is $0.28 per common share.

When is the dividend payable for AMNB?

The dividend for AMNB is payable on September 16, 2022.

What is the dividend yield of AMNB?

The dividend yield of AMNB is approximately 3.1% based on its stock price of $35.60.

Who can receive the AMNB dividend?

Shareholders of record as of September 2, 2022, are eligible to receive the AMNB dividend.

American National Bankshares Inc.

NASDAQ:AMNB

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507.72M
9.88M
3.96%
50.72%
0.54%
Banks - Regional
Financial Services
Link
United States
Danville