Farmers Bankshares, Inc. Reports Third Quarter Dividend

Rhea-AI Summary

Farmers Bankshares, Inc. (OTC-PINK: FBVA) has declared a quarterly dividend of $0.15 per share for common stockholders, consistent with previous declarations from June 2022 and September 2021. The record date for shareholders to receive the dividend is set for close of trading on October 3, 2022, with payments made by October 17, 2022. Based in Windsor, Virginia, Farmers Bankshares operates as a community bank with eight branches across Tidewater Virginia, providing local financial services since 1919.

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• Quarterly dividend of $0.15 per share declared, maintaining consistency from previous years.

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• None.

WINDSOR, Va., Sept. 21, 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 2021.   

The record date for stockholders entitled to payment of the dividend will be the close of normal trading on October 3, 2022, with payment to occur by October 17, 2022. 

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.

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SOURCE Farmers Bankshares, Inc.

FAQ

What is the dividend amount declared by Farmers Bankshares, Inc. for September 2022?

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

When will the dividend be paid to shareholders of FBVA?

The dividend will be paid by October 17, 2022.

What is the record date for the dividend payment for Farmers Bankshares, Inc.?

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

How often does Farmers Bankshares, Inc. pay dividends?

Farmers Bankshares, Inc. pays dividends quarterly.

What is the trading symbol for Farmers Bankshares, Inc.?

The trading symbol for Farmers Bankshares, Inc. is FBVA.