VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES QUARTERLY CASH DIVIDEND

CHARLOTTESVILLE, Va., July 27, 2023 /PRNewswire/ -- Virginia National Bankshares Corporation (the "Company") (NASDAQ: VABK) announced today that on July 26, 2023 its Board of Directors declared a quarterly cash dividend of $0.33 per share to be paid on September 22, 2023 to shareholders of record as of September 8, 2023. The quarterly cash dividend represents an annual yield to shareholders of approximately 3.72% based on the closing price of the Company's common stock on July 26, 2023.

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