AI brief of an SEC Form 8-K · Virginia National Bankshares Corp (VABK)
Virginia National Bankshares declares 8% stock dividend, $0.38 quarterly cash dividend
Virginia National Bankshares' Board declared an 8% stock dividend payable November 30, 2026, and a quarterly cash dividend of $0.38 per share, up $0.02 from the prior quarter, payable December 15, 2026. The company says the stock dividend takes effect first, so the cash dividend is paid on the larger share count, and shares outstanding will rise by about 430,000 to 5.9 million.
Key points
- 8% stock dividend: record date November 20, 2026, payable November 30, 2026; cash paid in lieu of fractional shares
- Quarterly cash dividend of $0.38 per share, up $0.02, record date December 1, 2026, payable December 15, 2026
- Shares outstanding to increase by about 430,000, from 5.4 million to 5.9 million
- Cash dividend implies an annualized yield of approximately 2.85% based on the November 9, 2026 closing price
The filing
CompanyVirginia National Bankshares Corp (VABK)
Form8-K, current report
Filed with the SECNov 10, 2026, 8:45 AM ET
Accession number0001193125-26-454539
Written by AI on Nov 10, 2026, 8:55 AM ET, from this filing only.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.