National Bankshares's latest dividend was on Nov 17, 2023 (ex-date) with a payout of $0.78 per share. At an annualized rate of $1.51 per share, the stock yields 5.58%. The latest dividend has grown by $0.05, or 7% from the prior distribution.
NKSH has a dividend yield of 5.58% which is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 3.51%, National Bankshares's dividend yield is 59% higher. The historical 5-year average of NKSH's dividend yield is 4.3%, which is lower than the current one.
National Bankshares has been paying dividends since 2000. NKSH has distributed two dividends in the past year. The annualized dividend per share has grown by 0.7% since twelve months ago. And with the price of the stock down by 31% from a year ago, the dividend yield has grown by 46%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Nov 17, 2023 | Dec 1, 2023 | Nov 8, 2023 | $0.78 | normal |
May 19, 2023 | Jun 1, 2023 | May 10, 2023 | $0.73 | normal |
Nov 18, 2022 | Dec 1, 2022 | Nov 9, 2022 | $0.78 | normal |
May 20, 2022 | Jun 1, 2022 | May 11, 2022 | $0.72 | normal |
Nov 19, 2021 | Dec 1, 2021 | Nov 10, 2021 | $0.74 | normal |
May 21, 2021 | Jun 1, 2021 | May 12, 2021 | $0.7 | normal |
Nov 20, 2020 | Dec 1, 2020 | Nov 12, 2020 | $0.72 | normal |
May 21, 2020 | Jun 1, 2020 | May 13, 2020 | $0.67 | normal |
Nov 22, 2019 | Dec 2, 2019 | Nov 13, 2019 | $0.72 | normal |
May 24, 2019 | Jun 3, 2019 | May 15, 2019 | $0.67 | normal |
Nov 23, 2018 | Dec 3, 2018 | Nov 14, 2018 | $0.63 | normal |
May 18, 2018 | Jun 1, 2018 | May 9, 2018 | $0.58 | normal |
Nov 17, 2017 | Dec 1, 2017 | Nov 8, 2017 | $0.61 | normal |
May 18, 2017 | Jun 1, 2017 | May 10, 2017 | $0.56 | normal |
Nov 17, 2016 | Dec 1, 2016 | Nov 9, 2016 | $0.61 | normal |
NKSH has a payout ratio of 43% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 36.5%, National Bankshares's payout ratio is 18% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
NKSH National Bankshares Inc | 5.48% | $1.51 | 43% |
FNLC First Bancorp Inc | 5.46% | $1.38 | 47.4% |
AMNB American National Bankshares Inc | 2.81% | $1.2 | 42.4% |
CBSH Commerce Bancshares Inc | 2.17% | $1.08 | 27% |
Yes, National Bankshares has been paying dividends for the last 23 years.
NKSH hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in May 2024.
National Bankshares's last regular dividend was on Nov 17, 2023 (ex-date) with the amount of $0.78 per share.
NKSH has paid dividend of $1.51 per share in the last year.
The current dividend yield of National Bankshares is 5.58%.
National Bankshares typically pays two dividends per year.
The dividend payout ratio of National Bankshares is 43%.
National Bankshares's dividend yield is higher than the Financial Services sector average.