National Bankshares, Inc. (NKSH) Dividend History
Income profile from 2000 to 2025 with payout safety and yield-on-cost trend
NKSH Dividend Income Check
Safety
60.7% payout ratio with watch safety profile.
Consistency
1 straight years of dividend increases.
Income Trend
Yield on cost is 4.9% and trend is rising.
NKSH Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
NKSH Income Growth Story
Dividend per share and yield on cost over time (26 years of payments)
NKSH Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
National Bankshares, Inc. distributes 60.7% of earnings as dividends (Watch). When measured against free cash flow—a stricter test—the payout ratio stands at 55.1%, rated "Adequate".
Piotroski F-Score: 8/9 — strong financial health.
Growth Track Record
NKSH has raised its dividend for 1 consecutive year, with a 3-year CAGR of 0.2% and 5-year CAGR of 1.7%.
Total Shareholder Returns
Beyond cash dividends, NKSH returns capital through share repurchases. The combined picture: 4.1% dividend yield, 4.1% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 4.9% and is currently rising. The 5-year total return is 27.0%, with dividends contributing 23.9% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $14,981 today.
NKSH Recent Dividend Payments
Last 20 payments · Semi-Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Nov 24, 2025Latest | $0.7800 | ↑ +6.8% | 5.19% | Dec 1, 2025 |
| May 27, 2025 | $0.7300 | ↓ -6.4% | 5.84% | Jun 2, 2025 |
| Nov 25, 2024 | $0.7800 | ↑ +6.8% | 4.72% | Dec 2, 2024 |
| May 24, 2024 | $0.7300 | ↓ -6.4% | 4.93% | Jun 3, 2024 |
| Nov 17, 2023 | $0.7800 | ↑ +6.8% | 9.15% | Dec 1, 2023 |
| May 19, 2023 | $0.7300 | ↓ -27.0% | 9.17% | Jun 1, 2023 |
| Jan 20, 2023 | $1.0000 | ↑ +28.2% | 6.06% | Feb 3, 2023 |
| Nov 18, 2022 | $0.7800 | ↑ +8.3% | 3.87% | Dec 1, 2022 |
NKSH Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
1st | $232M | 4.1% | 60.7% | 1 | Watch |
2nd | $2.3B | 3.2% | 42.9% | 12 | Sustainable |
| $204M | 1.8% | 25.0% | 7 | Sustainable | |
| $4.6B | 2.2% | 46.0% | 11 | Sustainable | |
| $246M | 2.2% | 31.2% | 11 | Sustainable | |
3rd | $1.1B | 2.3% | 27.9% | 1 | Sustainable |
| $243M | 2.2% | 26.1% | 7 | Sustainable |
NKSH Annual Dividend History (1995–2025)
31 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2025 | $1.51 | 0.0% | 2 | $2.49 | 60.6% | 1.65x | 4.9% |
| 2024 | $1.51 | -39.8% | 2 | $1.24 | 121.8% | 0.82x | 4.9% |
| 2023 | $2.51 | 67.3% | 3 | $2.66 | 94.4% | 1.06x | 8.1% |
| 2022 | $1.50 | 4.2% | 2 | $4.33 | 34.6% | 2.89x | 4.8% |
| 2021 | $1.44 | 3.6% | 2 | $3.28 | 43.9% | 2.28x | 4.6% |
| 2020 | $1.39 | 0.0% | 2 | $2.48 | 56.0% | 1.78x | 4.5% |
| 2019 | $1.39 | 14.9% | 2 | $2.65 | 52.5% | 1.91x | 4.5% |
| 2018 | $1.21 | 3.4% | 2 | $2.32 | 52.2% | 1.92x | 3.9% |
| 2017 | $1.17 | 0.9% | 2 | $2.03 | 57.6% | 1.74x | 3.8% |
| 2016 | $1.16 | 1.8% | 2 | $2.15 | 54.0% | 1.85x | 3.7% |
See NKSH's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonNKSH — Frequently Asked Questions
Quick answers to the most common questions about buying NKSH stock.
How much dividend does NKSH pay per share?
National Bankshares, Inc. (NKSH) pays a trailing 12-month dividend of $1.51 per share, with a current dividend yield of +4.1%. Payments are made Semi-Annual.
When is NKSH's next ex-dividend date?
NKSH's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. NKSH typically pays dividends Semi-Annual.
Is NKSH's dividend safe?
NKSH's dividend safety is rated "Watch" based on an earnings payout ratio of +60.7% and FCF payout ratio of +55.1%. The 1-year growth streak provides moderate confidence.
How many years has NKSH increased its dividend?
NKSH has 1 consecutive years of dividend growth. The 5-year dividend CAGR is +1.7%.
How often does NKSH pay dividends?
National Bankshares, Inc. pays dividends Semi-Annual. The trailing 12-month total is $1.51 per share. Dividend data on this page covers 25+ years from 2000 to 2025.
How much would $10,000 invested in NKSH grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in NKSH five years ago would be worth approximately $12,696 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is NKSH's yield on cost for long-term holders?
NKSH's yield on cost — the current dividend divided by the original purchase price — is +4.9% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +4.1% market yield, thanks to consistent dividend growth.