Business Context and Reporting Period
Company: Virginia National Bankshares Corp (VABK)
Filing Type: Form 8-K (Current Report)
Date of Report: September 20, 2019
Reporting Period: Event date of September 20, 2019
Key Financial Metrics
This filing does not contain revenue, profit, cash flow, margin, debt, or liquidity metrics. The report focuses exclusively on a corporate action regarding shareholder dividends.
Material Changes
The filing reports the declaration of a quarterly cash dividend. There are no reported material changes to financial performance or operational status in this document.
Guidance, Outlook, and Management Commentary
Dividend Declaration: On September 20, 2019, the Board of Directors declared a quarterly cash dividend of $0.30 per share.
Payment Details:
- Payment Date: October 18, 2019
- Record Date: October 4, 2019
Investor Verification Checklist
- Verify the record date (October 4, 2019) to confirm eligibility for the $0.30 per share dividend.
- Confirm the payment date of October 18, 2019, for cash flow planning.
- Review the referenced press statement (Exhibit 99.1) for any additional context regarding the dividend policy.
- Note that this 8-K does not provide updated financial performance data; refer to the most recent 10-Q or 10-K for financial metrics.