VABK - Virginia National Bankshares hikes dividend by 10% to $0.33

• Virginia National Bankshares ( NASDAQ: VABK ) declares $0.33/share quarterly dividend , 10% increase from prior dividend of $0.30.
• Forward yield 3.33%
• Payable March 24; for shareholders of record March 10; ex-div March 9.
• "After delivering record results in 2022, we are pleased to return a larger portion of capital to our shareholders," commented President and Chief Executive Officer, Glenn W. Rust.  "The action taken by our Board of Directors to increase the quarterly dividend reinforces their determination to properly allocate capital subsequent to the merger with Fauquier Bankshares, which will mark its two-year anniversary on April 1, 2023."
• See VABK Dividend Scorecard, Yield Chart, & Dividend Growth.

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