Contact Information: CONTACTS: James G. Rakes President & CEO (540) 951-6236 F. Brad Denardo Treasurer (540) 951-6213
National Bankshares, Inc. Announces Semi-Annual Dividend
| Source: National Bankshares, Inc.
BLACKSBURG, VA--(Marketwire - November 12, 2008) - NATIONAL BANKSHARES, INC. (NASDAQ : NKSH )
today announced a semi-annual dividend of $0.41 per share, payable on
December 1, 2008 to stockholders of record on November 21, 2008.
Dividends for 2008 total $0.80 per share, nearly 5.3% higher than the
stockholder dividends paid in 2007.
National Bankshares, Inc. is a financial holding company, with headquarters
in Blacksburg, Virginia. It is the parent company of the 117 year-old
National Bank, which has 26 locations throughout Southwest Virginia.
Bankshares' Chairman, President & CEO James G. Rakes commented, "Our
traditional and conservative approach to community banking has served us
well in this challenging financial environment. We are pleased to share
this year's increased earnings with our stockholders."
The Company's stock trades on the NASDAQ Capital Market under the symbol
"NKSH." Additional information can be found on the Company's web site at
www.nationalbankshares.com.