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Grayson Bankshares (Grayson Bankshares) Forward Dividend Yield % : 3.08% (As of Apr. 26, 2024)


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What is Grayson Bankshares Forward Dividend Yield %?

As of today (2024-04-26), the Forward Annual Dividend Yield of Grayson Bankshares is 3.08%.

As of today (2024-04-26), the Trailing Annual Dividend Yield of Grayson Bankshares is 1.54%.

GSON's Forward Dividend Yield % is not ranked
in the Banks industry.
Industry Median: 4.14 vs GSON: 3.08

Grayson Bankshares's Dividends per Share for the six months ended in Dec. 2011 was $0.10.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Grayson Bankshares's Forward Dividend Yield %

For the Banks - Regional subindustry, Grayson 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.


Grayson Bankshares's Forward Dividend Yield % Distribution in the Banks Industry

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

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



Grayson Bankshares Forward Dividend Yield % Calculation

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


Grayson Bankshares  (OTCPK:GSON) 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.

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Grayson Bankshares Forward Dividend Yield % Related Terms

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Grayson Bankshares (Grayson Bankshares) Business Description

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Grayson Bankshares, Inc. was incorporated as a Virginia corporation on February 3, 1992. It is a bank holding company for The Grayson National Bank (the Bank). National Bank currently serves Grayson County and surrounding areas through ten banking offices located in the towns of Independence, Hillsville and Wytheville, the localities of Elk Creek, Troutdale and Whitetop, the City of Galax, and Carroll County, Virginia, and the Town of Sparta, North Carolina. The Bank operates for the primary purpose of meeting the banking needs of individuals and small to medium sized businesses in the Bank's service area, while developing personal, hometown associations with these customers. The Bank offers a wide range of banking services including checking and savings accounts; commercial, installment, mortgage and personal loans; credit and debit cards; internet banking and online bill paying; safe deposit boxes; and other associated services. The Bank's primary sources of revenue are interest income from its lending activities, and, to a lesser extent, from its investment portfolio. The Bank also earns fees from lending and deposit activities. The major expenses of the Bank are interest on deposit accounts and general and administrative expenses, such as salaries, occupancy and related expenses. The Bank's lending services include real estate, commercial, agricultural and consumer loans. The Bank invests a portion of its assets in U.S. Treasury, U.S. Government agency and U.S. Government sponsored enterprise securities, state, county and municipal obligations, and equity securities. Deposits are the major source of funds for lending and other investment activities. The Bank considers the majority of its regular savings, demand, NOW and money market deposits and small denomination certificates of deposit to be core deposits. The Company's market area consists primarily of the Counties of Grayson, Carroll and Wythe, and the independent city of Galax, in Virginia, as well as Alleghany County in North Carolina. As a bank holding company, the Company is subject to regulation under the Bank Holding Company Act of 1956 (BHCA) and the examination and reporting requirements of the Federal Reserve.

Grayson Bankshares (Grayson Bankshares) Headlines

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