National Bankshares, Inc. (NKSH) To Go Ex-Dividend on May 24th

National Bankshares, Inc. (NASDAQ:NKSH) declared a Semi-Annual dividend on Wednesday, May 15th, Zacks reports. Shareholders of record on Tuesday, May 28th will be given a dividend of 0.73 per share by the bank on Monday, June 3rd. The ex-dividend date of this dividend is Friday, May 24th.

National Bankshares has increased its dividend payment by an average of 2.8% per year over the last three years. National Bankshares has a dividend payout ratio of 56.7% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect National Bankshares to earn $2.75 per share next year, which means the company should continue to be able to cover its $1.56 annual dividend with an expected future payout ratio of 56.7%.

National Bankshares Trading Up 0.4 %

NKSH traded up $0.13 on Friday, hitting $31.90. 2,770 shares of the company were exchanged, compared to its average volume of 13,925. The company has a market cap of $187.89 million, a price-to-earnings ratio of 14.06 and a beta of 0.58. The firm has a 50-day moving average price of $30.90 and a two-hundred day moving average price of $30.45. National Bankshares has a twelve month low of $22.28 and a twelve month high of $37.00.

National Bankshares (NASDAQ:NKSH) last released its earnings results on Wednesday, May 15th. The bank reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.06). National Bankshares had a return on equity of 10.39% and a net margin of 19.00%. The firm had revenue of $10.44 million for the quarter, compared to analysts’ expectations of $10.64 million. Equities analysts expect that National Bankshares will post 1.9 EPS for the current year.

About National Bankshares

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.