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Farmers Bankshares, Inc. Reports Fourth Quarter Dividend

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Farmers Bankshares, Inc. (OTC-PINK: FBVA), based in Windsor, Virginia, has announced a quarterly dividend of $0.15 per share, marking a 25% increase from the $0.12 per share dividend declared in December 2020. The record date for shareholders entitled to this payment is January 3, 2022, with the dividend distribution scheduled for January 18, 2022. Farmers Bank, a community bank established in 1919, operates eight branches in Tidewater, Virginia.

Positive
  • Quarterly dividend declared at $0.15 per share, a 25% increase from last year.
  • Confidence shown in maintaining and increasing dividend payouts for shareholders.
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  • None.

WINDSOR, Va., Dec. 21, 2021 /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 increased 25% from the dividend declared in December 2020 of $0.12 per share. 

The record date for stockholders entitled to payment of the dividend will be the close of normal trading on January 3, 2022, with payment to occur by January 18, 2022. 

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.

Farmers Bank, founded in 1919, is headquartered in Windsor, Virginia, 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.

 

Cision View original content:https://www.prnewswire.com/news-releases/farmers-bankshares-inc-reports-fourth-quarter-dividend-301449055.html

SOURCE Farmers Bankshares, Inc.

FAQ

What is the dividend amount declared by Farmers Bankshares?

Farmers Bankshares declared a quarterly dividend of $0.15 per share.

When will the dividend be paid to shareholders of FBVA?

The dividend will be paid on January 18, 2022.

What was the previous dividend amount before the current declaration?

The previous dividend amount was $0.12 per share, declared in December 2020.

What is the record date for the dividend payment?

The record date for the dividend payment is January 3, 2022.

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