American National Bankshares Inc. Declares Quarterly Dividend

Rhea-AI Summary

American National Bankshares Inc. (NASDAQ: AMNB) has declared a quarterly cash dividend of $0.27 per share, consistent with the previous quarter. This dividend will be payable on December 18, 2020, to shareholders recorded by December 4, 2020. Based on the stock's closing price of $28.54 on November 16, 2020, the dividend yields approximately 3.8%. American National holds total assets around $2.9 billion and serves Virginia and North Carolina through 25 banking offices.

Positive

• Quarterly dividend maintained at $0.27 per share
• Dividend yield of approximately 3.8% enhances shareholder income

Negative

• None.

DANVILLE, Va., Nov. 17, 2020 (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 $0.27 per common share, payable December 18, 2020 to shareholders of record December 4, 2020.

The dividend amount is the same as the prior quarter’s dividend and based on the stock’s closing price of $28.54 on November 16, 2020, represents a dividend yield of approximately 3.8%.
        
About American National
American National is a multi-state bank holding company with total assets of approximately $2.9 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 25 banking offices. American National Bank also manages an additional $884 million of trust, investment and brokerage assets in its Trust and Investment Services 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 Financial Officer
	434-773-2274
	farrarj@amnb.com

FAQ

What is the AMNB dividend amount for December 2020?

The dividend amount for December 2020 is $0.27 per common share.

When is the AMNB dividend payable?

The AMNB dividend will be payable on December 18, 2020.

What is the record date for AMNB's dividend?

The record date for AMNB's dividend is December 4, 2020.

What is the dividend yield for AMNB?

The dividend yield for AMNB, based on the closing price of $28.54, is approximately 3.8%.