Virginia National Bankshares Corp - 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report was filed by Virginia National Bankshares Corp on September 20, 2016. The filing reports a corporate action taken 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 declaration of a quarterly cash dividend of $0.13 per share.
Material Changes
There are no material changes to financial performance or operations reported in this filing compared to prior periods. The document solely announces the dividend declaration.
Guidance, Outlook, and Management Commentary
The filing contains no management guidance, outlook, risk factors, or contingencies. It references a press statement (Exhibit 99.1) issued on September 23, 2016, which is incorporated by reference but not included in the provided text.
Key Facts for Investor Verification
- Dividend Amount: $0.13 per share.
- Record Date: September 30, 2016.
- Payment Date: October 12, 2016.
- Declaration Date: September 20, 2016.
- Source Data Limitation: This filing does not contain quarterly earnings results or balance sheet data; investors should refer to the company's Form 10-Q for the quarter ended September 30, 2016, for full financial metrics.