Farmers Bankshares, Inc. Reports Fourth Quarter Dividend

Rhea-AI Summary

Farmers Bankshares, Inc. (OTC-PINK: FBVA) declared a quarterly dividend of $0.15 per share, maintaining the same amount as in previous quarters. The record date for this dividend is January 2, 2023, with payment scheduled for January 17, 2023. The company, established in 1919 and headquartered in Windsor, Virginia, operates eight branches across Tidewater Virginia, and offers various banking services.

Positive

• Dividend of $0.15 per share declared, consistent with previous quarters.
• Established community bank with a history dating back to 1919.
• Operates eight branches, providing services throughout Tidewater Virginia.

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• None.

WINDSOR, Va., Dec. 22, 2022 /PRNewswire/ -- Farmers Bankshares, Inc. (OTC-PINK: FBVA), the Windsor-based holding company for Farmers Bank, announced that the Board of Directors has declared a quarterly dividend of $0.15 per share to holders of common stock of the company.  On an annualized basis the $0.15 per share dividend is unchanged from the dividend declared in June 2022 and the dividend declared in September 2022.   

The record date for stockholders entitled to payment of the dividend will be the close of normal trading on January 2, 2023, with payment to occur by January 17, 2023. 

Headquartered in Windsor, Virginia, Farmers Bankshares, Inc. is the holding company for Farmers Bank, Windsor, Virginia.  Farmers Bank was founded in 1919 and is a community bank which operates eight branches and services areas throughout Tidewater Virginia.  Additional information is available at the company's website, www.farmersbankva.com.

The common stock of Farmers Bankshares, Inc. trades on the OTC Pink Marketplace under the symbol FBVA.  Any stockbroker can assist with purchase of the company's stock, as well as with sales of holdings.

Contact:  Vernon M. Towler, President and Chief Executive Officer, 757-242-6111

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SOURCE Farmers Bankshares, Inc.

FAQ

What is the dividend amount declared by Farmers Bankshares, Inc. (FBVA) for Q4 2022?

The declared dividend amount is $0.15 per share.

When will the dividend for Farmers Bankshares, Inc. (FBVA) be paid?

The dividend will be paid on January 17, 2023.

What is the record date for the dividend payment by Farmers Bankshares, Inc. (FBVA)?

The record date is January 2, 2023.

Has the dividend amount changed for Farmers Bankshares, Inc. (FBVA) in recent quarters?

No, the dividend amount has remained unchanged at $0.15 per share.