Dividend plus repurchase Albemarle County-based Virginia National Bankshares Corp. declared a quarterly cash dividend of .075 cents per share this week. The dividend will be paid on Oct. 10 to shareholders of record as of Sept. 30.
The bank on Monday also announced the approval of a stock repurchase program. The program authorizes the purchase of up to 400,000 shares of the company’s common stock through Sept. 18, 2015. Purchases may be through the open market or in privately negotiated transactions.