Business Context and Reporting Period
This Form 8-K Current Report was filed by Virginia National Bankshares Corp on September 20, 2018. The filing reports a corporate action approved by the Board of Directors regarding shareholder dividends.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only specific financial figure disclosed is the dividend declaration.
- Quarterly Cash Dividend: $0.30 per share
- Record Date: September 28, 2018
- Payment Date: October 12, 2018
Material Changes
The filing does not report material changes to financial performance, operations, or capital structure compared to prior periods. The sole material event is the declaration of the quarterly dividend.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, contingencies, or unusual items. It strictly serves to announce the dividend payment details.
Investor Verification Checklist
- Verify the dividend amount of $0.30 per share and the payment date of October 12, 2018.
- Confirm share ownership status as of the record date, September 28, 2018.
- Review the attached press statement (Exhibit 99.1) for any additional context not included in the 8-K text.