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 common share, payable on March 19, 2021, to shareholders of record on March 5, 2021. This dividend matches the prior quarter's amount and represents a yield of approximately 3.7% based on the stock's closing price of $29.43 on February 12, 2021. The company, headquartered in Danville, Virginia, manages about $3.1 billion in total assets and $976 million in trust, investment, and brokerage assets.

Positive

• Quarterly cash dividend of $0.27 per share maintained, reflecting company stability.
• Dividend yield approximately 3.7%, offering attractive returns to shareholders.

Negative

• None.

DANVILLE, Va., Feb. 16, 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 March 19, 2021 to shareholders of record March 5, 2021.

The dividend amount is the same as the prior quarter’s dividend and based on the stock’s closing price of $29.43 on February 12, 2021, represents a dividend yield of approximately 3.7%.
        
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 $976 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 dividend amount declared by AMNB?

The dividend amount declared by American National Bankshares Inc. (AMNB) is $0.27 per common share.

When is the dividend payment date for AMNB?

The dividend payment date for AMNB is March 19, 2021.

What is the dividend yield for AMNB based on recent stock prices?

The dividend yield for AMNB is approximately 3.7%, based on a closing share price of $29.43.

Who qualifies for the AMNB dividend?

Shareholders of record as of March 5, 2021, will qualify for the AMNB dividend.