National Bankshares (NKSH) will raise its semi-annual dividend to $0.56 per share. This dividend follows an earlier (final dividend) payment of $0.61 per share, unchanged from last year.

The dividend will be paid on June 1, 2017 to all stockholders of record as of May 22, 2017. This dividend payment compares to $0.55 per share paid to stockholders on June 1, 2016. James G. Rakes, Chairman, President & CEO said, “This dividend payment reflects our commitment to sharing the Company’s solid financial performance with our stockholders.”

National Bankshares, Inc. multi-state bank holding company. Headquartered in Danville, Virginia, American National is the parent company of American National Bank and Trust Company. The company offers a range of retail and commercial banking services to individuals, businesses, non-profits and local governments serving Virginia and North Carolina. American National Bank also manages trust, investment and brokerage assets in its Trust and Investment Services Division.