Southern National Bancorp of Virginia, Inc. (SONA) to Issue Quarterly Dividend of $0.08 on November 24th

Southern National Bancorp of Virginia, Inc. (NASDAQ:SONA) declared a quarterly dividend on Thursday, October 26th, NASDAQ reports. Stockholders of record on Monday, November 13th will be paid a dividend of 0.08 per share by the bank on Friday, November 24th. This represents a $0.32 annualized dividend and a dividend yield of 1.96%. The ex-dividend date is Friday, November 10th.

Southern National Bancorp of Virginia (NASDAQ SONA) opened at $16.32 on Friday. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 0.18. Southern National Bancorp of Virginia has a fifty-two week low of $12.83 and a fifty-two week high of $18.48. The company has a market cap of $390.31, a P/E ratio of 19.66 and a beta of 0.35.

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Several equities analysts have recently commented on SONA shares. Zacks Investment Research upgraded shares of Southern National Bancorp of Virginia from a “hold” rating to a “buy” rating and set a $19.00 price objective on the stock in a report on Wednesday, August 30th. ValuEngine upgraded shares of Southern National Bancorp of Virginia from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Finally, BidaskClub lowered shares of Southern National Bancorp of Virginia from a “sell” rating to a “strong sell” rating in a report on Monday, August 14th.

In other Southern National Bancorp of Virginia news, Chairman Georgia S. Derrico bought 4,000 shares of Southern National Bancorp of Virginia stock in a transaction on Monday, August 21st. The shares were bought at an average cost of $15.75 per share, for a total transaction of $63,000.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 9.60% of the stock is owned by corporate insiders.

Southern National Bancorp of Virginia Company Profile

Southern National Bancorp of Virginia, Inc (Southern National) is the bank holding company for Sonabank (Sonabank). The Company’s principal business is the acquisition of deposits from the general public through its branch offices and deposit intermediaries, as well as the use of these deposits to fund its loan and investment portfolios.

Dividend History for Southern National Bancorp of Virginia (NASDAQ:SONA)

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