First Community Bankshares Inc (NASDAQ:FCBC) announced a quarterly dividend on Tuesday, July 28th, Zacks reports. Shareholders of record on Friday, August 7th will be given a dividend of 0.25 per share by the bank on Friday, August 21st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.97%. The ex-dividend date is Thursday, August 6th.
First Community Bankshares has raised its dividend payment by an average of 60.0% per year over the last three years and has raised its dividend annually for the last 8 consecutive years. First Community Bankshares has a dividend payout ratio of 48.3% indicating that its dividend is sufficiently covered by earnings.
Shares of FCBC traded down $0.44 during trading hours on Thursday, reaching $20.13. The stock had a trading volume of 402 shares, compared to its average volume of 32,137. The stock has a market capitalization of $356.10 million, a PE ratio of 9.63 and a beta of 0.61. First Community Bankshares has a 12 month low of $18.06 and a 12 month high of $34.15. The company’s 50-day moving average is $21.07 and its two-hundred day moving average is $23.99.
First Community Bankshares (NASDAQ:FCBC) last posted its earnings results on Tuesday, July 28th. The bank reported $0.46 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.06). First Community Bankshares had a net margin of 25.67% and a return on equity of 8.84%. The firm had revenue of $33.25 million during the quarter.
FCBC has been the topic of several recent research reports. ValuEngine upgraded shares of First Community Bankshares from a “sell” rating to a “hold” rating in a research report on Tuesday. BidaskClub lowered shares of First Community Bankshares from a “hold” rating to a “sell” rating in a report on Thursday, July 9th.
About First Community Bankshares
First Community Bankshares, Inc operates as the financial holding company for First Community Bank that provides various banking products and services. It offers demand deposit accounts, savings and money market accounts, certificates of deposit, and individual retirement arrangements; commercial, consumer, and real estate mortgage loans, as well as lines of credit; various credit and debit cards, and automated teller machine card services; and corporate and personal trust services.
Further Reading: Cost of Capital Explained
Receive News & Ratings for First Community Bankshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Community Bankshares and related companies with MarketBeat.com's FREE daily email newsletter.