American National Bankshares Inc. Declares Quarterly Dividend

DANVILLE, Va., Nov. 20, 2019 (GLOBE NEWSWIRE) -- American National Bankshares Inc. (NASDAQ:  AMNB), parent company of American National Bank and Trust Company, announced its Board of Directors has declared a quarterly cash dividend of $0.27 per common share, payable December 20, 2019, to shareholders of record December 6, 2019.

The dividend amount is the same as the prior quarter’s dividend and is a $.02, or 8% increase from the prior year’s quarterly dividend level. Based on the stock’s price of $36.74 on November 18, 2019, the dividend yield is approximately 2.9%.

About American National

American National is a multi-state bank holding company with total assets of approximately $2.5 billion. Headquartered in Danville, Virginia, American National is the parent company of American National Bank and Trust Company. American National Bank is a community bank serving Virginia and North Carolina with 27 banking offices.  American National Bank also manages an additional $855 million of trust, investment and brokerage assets in its Trust and Investment Services Division. Additional information about the company and the bank is available on the bank's website at .