Farmers Bankshares, Inc. Reports Second Quarter Dividend

Rhea-AI Summary

Farmers Bankshares, Inc. (OTC-PINK: FBVA) announced a quarterly dividend of $0.13 per share, consistent with its March 2021 declaration and representing an 8.3% increase from last year's $0.12 per share. The record date for this dividend is July 2, 2021, with payment scheduled for July 15, 2021. Farmers Bank, headquartered in Windsor, Virginia, operates throughout Tidewater, Virginia, and emphasizes its commitment to shareholder value.

Positive

• Quarterly dividend of $0.13 per share declared.
• 8.3% increase in annualized dividend compared to June 2020.

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• None.

WINDSOR, Va., June 24, 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 $0.13 per share to holders of common stock of the company.  On an annualized basis the $0.13 per share dividend is unchanged from the dividend declared in March 2021 and an 8.3% increase over the annualized dividend declared in June 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 July 2, 2021, with payment to occur by July 15, 2021. 

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.

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SOURCE Farmers Bankshares, Inc.