National Bankshares, Inc. (NKSH) To Go Ex-Dividend on November 25th

by · The Cerbat Gem

National Bankshares, Inc. (NASDAQ:NKSH – Get Free Report) announced a dividend on Wednesday, November 13th,NASDAQ Dividends reports. Shareholders of record on Monday, November 25th will be given a dividend of 0.78 per share by the bank on Monday, December 2nd. The ex-dividend date of this dividend is Monday, November 25th. This is a positive change from National Bankshares’s previous dividend of $0.55.

National Bankshares has raised its dividend payment by an average of 2.8% annually over the last three years. National Bankshares has a dividend payout ratio of 55.1% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect National Bankshares to earn $2.65 per share next year, which means the company should continue to be able to cover its $1.46 annual dividend with an expected future payout ratio of 55.1%.

National Bankshares Price Performance

NASDAQ NKSH traded up $0.90 during mid-day trading on Friday, hitting $31.79. The company’s stock had a trading volume of 11,409 shares, compared to its average volume of 13,413. National Bankshares has a 52-week low of $25.18 and a 52-week high of $37.00. The stock’s fifty day simple moving average is $29.79 and its two-hundred day simple moving average is $29.63. The firm has a market capitalization of $202.18 million, a P/E ratio of 21.92 and a beta of 0.56.

National Bankshares (NASDAQ:NKSH – Get Free Report) last released its quarterly earnings results on Wednesday, August 14th. The bank reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.17). National Bankshares had a return on equity of 6.11% and a net margin of 11.44%. The company had revenue of $19.36 million for the quarter, compared to analyst estimates of $11.43 million. On average, equities analysts forecast that National Bankshares will post 1.94 earnings per share for the current fiscal year.

About National Bankshares

(Get Free Report)

National Bankshares, Inc operates as the bank holding company for the National Bank of Blacksburg that provides retail and commercial banking products and services to individuals, businesses, non-profits, and local governments. The company accepts interest-bearing and non-interest-bearing demand deposit accounts, money market deposit accounts, savings accounts, certificates of deposit, health savings accounts, and individual retirement accounts.

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