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National Bankshares (National Bankshares) Forward Dividend Yield %

: 5.60% (As of Today)
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As of today (2024-04-19), the Forward Annual Dividend Yield of National Bankshares is 5.60%.

As of today (2024-04-19), the Trailing Annual Dividend Yield of National Bankshares is 5.41%.

NKSH's Forward Dividend Yield % is ranked better than
69.64% of 1166 companies
in the Banks industry
Industry Median: 4.19 vs NKSH: 5.60

National Bankshares's Dividends per Share for the three months ended in Dec. 2023 was $0.78.

During the past 12 months, National Bankshares's average Dividends Per Share Growth Rate was 0.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of National Bankshares was 14.20% per year. The lowest was 1.20% per year. And the median was 6.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Banks - Regional subindustry, National Bankshares's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


National Bankshares Forward Dividend Yield % Distribution

For the Banks industry and Financial Services sector, National Bankshares's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where National Bankshares's Forward Dividend Yield % falls into.



National Bankshares Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

National Bankshares Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.7802023-11-172023-11-202023-12-01Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 0.7302023-05-192023-05-222023-06-01Cash Dividendsemi-annuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

National Bankshares's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.56/27.94
=5.58 %

Current Share Price is $27.94.
National Bankshares's Dividends per Share for the forward twelve months is calculated as $0.78 * 2 = $1.56.

National Bankshares's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.51/27.94
=5.40 %

Current Share Price is $27.94.
National Bankshares's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.51.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


National Bankshares  (NAS:NKSH) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


National Bankshares Forward Dividend Yield % Related Terms

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National Bankshares (National Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
101 Hubbard Street, Blacksburg, VA, USA, 24062-9002
National Bankshares Inc is a bank holding company of National Bank of Blacksburg, offering a range of financial products and services, including deposit accounts, commercial, consumer, and mortgage loans, credit cards, and trust services. The bank focuses on lending to small and mid-sized businesses and individuals. The types of loans it offers include commercial and agricultural, commercial real estate, construction for commercial and residential properties, residential real estate, home equity, and various consumer loan products. It also operates an insurance and brokerage subsidiary, National Bankshares Financial Services, Inc. The company earns its revenues from interest and fees on loans, non-interest income, and investments.
Executives
Lawrence J Ball director 1811 MOUNTAINSIDE DRIVE, BLACKSBURG VA 24060
F Brad Denardo officer: Corporate Officer 124 MATEER CIRCLE, BLACKSBURG VA 24060
Michael E Dye director PO BOX 346, BLUEFIELD VA 24605
Fitzwater Norman V Iii director 113 MATEER CIRCLE, BLACKSBURG VA 24060
Sanders Bobby D. Ii officer: SVP/Chief Credit Officer 1735 TURNBERRY LANE, RINER VA 24149
John Elliott Dooley director 2131 PLANK DRIVE, BLACKSBURG VA 24060
Green Charles E Iii director 15519 LOOKOUT RIDGE, BRISTOL VA 24202
Lara E Ramsey other: Corporate Secretary 7479 BLUFF VIEW DRIVE, RADFORD VA 24141
Mary G Miller director 715 RICHARDS WAY, WIRTZ VA 24184
Mildred R Johnson director 914 WILLARD DRIVE, BLACKSBURG VA 24060
Lora M. Jones officer: SVP/Chief Financial Officer 301 NEIL STREET, BLACKSBURG VA 24060
Glenn P Reynolds director 206 MATEER CIRCLE, BLACKSBURG VA 24060
Rebecca M Melton officer: SVP/Chief Credit Officer 260 REVOLUTION CIRCLE, CHRISTIANSBURG VA 24073
Jack M Lewis director 3696 CONSERVATION TRAIL, THE VILLAGES FL 32163
James Carroll Thompson director PO BOX 298, TAZEWLL VA 24651

National Bankshares (National Bankshares) Headlines