American National Bankshares Inc. Declares Quarterly Dividend

Rhea-AI Summary

American National Bankshares Inc. (NASDAQ: AMNB) announced a quarterly cash dividend of $0.27 per common share, payable on June 18, 2021, to shareholders of record as of June 4, 2021. This dividend matches the previous quarter's amount and corresponds to a dividend yield of approximately 3.1%, based on the stock's closing price of $35.37 on May 17, 2021. The company, headquartered in Danville, Virginia, has total assets of approximately $3.1 billion and further manages $1.0 billion in trust, investment, and brokerage assets.

Positive

• Quarterly cash dividend of $0.27 per share, same as prior quarter
• Dividend yield of approximately 3.1% based on stock price
• Strong asset base of approximately $3.1 billion

Negative

• None.

DANVILLE, Va., May 18, 2021 (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 June 18, 2021 to shareholders of record June 4, 2021.

The dividend amount is the same as the prior quarter’s dividend and based on the stock’s closing price of $35.37 on May 17, 2021, 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 $3.1 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 $1.0 billion 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 dividend amount declared by American National Bankshares in May 2021?

American National Bankshares declared a dividend of $0.27 per common share.

When will the dividend be paid to shareholders of AMNB?

The dividend will be paid on June 18, 2021.

What is the dividend yield for American National Bankshares as of May 2021?

The dividend yield is approximately 3.1% based on a closing stock price of $35.37.

What is the record date for the dividend payment for AMNB?

The record date for the dividend payment is June 4, 2021.