National Bankshares, Inc. Announces Dividend of $0.78 (NASDAQ:NKSH)

National Bankshares, Inc. (NASDAQ:NKSH - Get Free Report) declared a dividend on Thursday, November 13th. Investors of record on Monday, November 24th will be given a dividend of 0.78 per share by the bank on Monday, December 1st. This represents a dividend yield of 521.0%. The ex-dividend date of this dividend is Monday, November 24th.National Bankshares has increased its dividend by an average of 0.0%per year over the last three years. National Bankshares has a payout ratio of 53.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect National Bankshares to earn $2.72 per share next year, which means the company should continue to be able to cover its $1.46 annual dividend with an expected future payout ratio of 53.7%. Get National Bankshares alerts:National Bankshares Trading Down 0.7%Shares of NASDAQ:NKSH traded down $0.21 during mid-day trading on Friday, reaching $29.84. The company had a trading volume of 8,275 shares, compared to its average volume of 11,386. National Bankshares has a one year low of $23.75 and a one year high of $32.36. The firm has a market cap of $189.97 million, a price-to-earnings ratio of 14.67 and a beta of 0.78. The company's 50-day moving average price is $29.54 and its 200-day moving average price is $28.40. National Bankshares (NASDAQ:NKSH - Get Free Report) last posted its earnings results on Thursday, January 25th. The bank reported $1.06 earnings per share for the quarter. National Bankshares had a return on equity of 8.81% and a net margin of 15.56%.The business had revenue of $18.81 million during the quarter. On average, research analysts anticipate that National Bankshares will post 2.35 EPS for the current fiscal year. About National Bankshares (Get Free Report)National Bankshares, Inc operates as the bank holding company for the National Bank of Blacksburg that provides retail and commercial banking products and services to individuals, businesses, non-profits, and local governments. The company accepts interest-bearing and non-interest-bearing demand deposit accounts, money market deposit accounts, savings accounts, certificates of deposit, health savings accounts, and individual retirement accounts.Recommended StoriesFive stocks we like better than National BanksharesAbout the Markup CalculatorEli Lilly Strikes Deal With Trump: Why Shares Are Up 10% SinceHow to trade using analyst ratingsHere's What We Learned From AST SpaceMobile's Q3 Earnings Report3 Home Improvement Stocks that Can Upgrade Your Portfolio3 Stocks Quietly Leveraging AI While Everyone Chases NVIDIAThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in National Bankshares Right Now?Before you consider National Bankshares, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and National Bankshares wasn't on the list.While National Bankshares currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here