Bank of the James Financial Group, Inc. operates as the bank holding company for Bank of the James that provides general retail and commercial banking services to individuals, businesses, associations and organizations, and governmental authorities in Virginia, the Unites States. It offers checking, savings, individual retirement, and health care saving accounts, as well as other time deposits, including money market accounts and certificates of deposit. The company also offers loans to small- and medium-sized businesses for the purchases of equipment, facilities upgrades, inventory acquisition, and various working capital purposes; commercial and residential construction and development loans; commercial real estate mortgage loans; residential mortgage loans; and secured and unsecured consumer loans, such as lines of credit and overdraft lines of credit, as well as personal, automobile, installment, demand, and home equity loans for personal, family, or household purposes. In addition, it provides other banking services, including safe deposit boxes, traveler's checks, direct deposit of payroll and social security checks, automatic drafts for various accounts, treasury management, and credit card merchant services. Further, the company offers securities brokerage and investment services; and telephone and internet banking services comprising online bill pay, as well as acts as an agent for insurance and annuity products. It operates through a network of 16 full-service offices, 2 limited-service offices, and 1 residential mortgage loan production office. The company was founded in 1998 and is headquartered in Lynchburg, Virginia.
Bank of the James Financial Dividend Announcement
• Bank of the James Financial announced a quarterly dividend of $0.10 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-09-06
• Bank of the James Financial annual dividend for 2024 was $0.30
• Bank of the James Financial annual dividend for 2023 was $0.32
• Bank of the James Financial's trailing twelve-month (TTM) dividend yield is 3.81%
• Bank of the James Financial's payout ratio for the trailing twelve months (TTM) is 19.21%
• Bank of the James Financial's dividend growth over the last five years (2018-2023) was 5.92% year
Bank of the James Financial Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-06 | $0.10 | quarterly | 2024-09-20 |
| 2024-06-07 | $0.10 | quarterly | 2024-06-21 |
| 2024-02-29 | $0.10 | quarterly | 2024-03-15 |
| 2023-11-22 | $0.08 | quarterly | 2023-12-08 |
| 2023-08-31 | $0.08 | quarterly | 2023-09-15 |
| 2023-06-01 | $0.08 | quarterly | 2023-06-16 |
| 2023-03-02 | $0.08 | quarterly | 2023-03-17 |
| 2022-11-23 | $0.08 | quarterly | 2022-12-09 |
| 2022-09-01 | $0.07 | quarterly | 2022-09-16 |
| 2022-06-02 | $0.07 | quarterly | 2022-06-17 |
| 2022-03-03 | $0.07 | quarterly | 2022-03-18 |
| 2021-11-24 | $0.07 | quarterly | 2021-12-10 |
| 2021-09-02 | $0.07 | quarterly | 2021-09-17 |
| 2021-06-03 | $0.06 | quarterly | 2021-06-18 |
| 2021-03-04 | $0.07 | quarterly | 2021-03-19 |
| 2020-11-25 | $0.07 | quarterly | 2020-12-11 |
| 2020-09-03 | $0.07 | quarterly | 2020-09-18 |
| 2020-06-04 | $0.07 | quarterly | 2020-06-19 |
| 2020-03-05 | $0.07 | quarterly | 2020-03-20 |
| 2019-12-06 | $0.04 | quarterly | 2019-12-23 |
| 2019-11-27 | $0.06 | quarterly | 2019-12-13 |
| 2019-09-05 | $0.06 | quarterly | 2019-09-20 |
| 2019-06-06 | $0.06 | quarterly | 2019-06-21 |
| 2019-03-07 | $0.06 | quarterly | 2019-03-22 |
| 2018-11-29 | $0.06 | quarterly | 2018-12-14 |
| 2018-09-06 | $0.06 | quarterly | 2018-09-21 |
| 2018-06-07 | $0.06 | quarterly | 2018-06-22 |
| 2018-03-08 | $0.06 | quarterly | 2018-03-23 |
| 2017-11-30 | $0.06 | quarterly | 2017-12-15 |
| 2017-09-07 | $0.06 | quarterly | 2017-09-22 |
| 2017-06-07 | $0.06 | quarterly | 2017-06-23 |
| 2017-03-08 | $0.06 | quarterly | 2017-03-24 |
| 2016-11-30 | $0.06 | quarterly | 2016-12-16 |
| 2016-09-07 | $0.06 | quarterly | 2016-09-23 |
| 2016-06-08 | $0.06 | quarterly | 2016-06-24 |
| 2016-03-09 | $0.06 | quarterly | 2016-03-25 |
| 2015-12-02 | $0.06 | quarterly | 2015-12-18 |
| 2015-09-09 | $0.06 | quarterly | 2015-09-25 |
| 2015-06-10 | $0.05 | quarterly | 2015-06-26 |
| 2015-03-11 | $0.05 | quarterly | 2015-03-27 |
| 2014-12-10 | $0.05 | quarterly | 2014-12-26 |
| 2014-09-17 | $0.05 | quarterly | 2014-10-03 |
| 2014-06-17 | $0.05 | quarterly | 2014-07-03 |
Bank of the James Financial Dividend per year
Bank of the James Financial Dividend growth
Bank of the James Financial Dividend Yield
Bank of the James Financial current trailing twelve-month (TTM) dividend yield is 3.81%. Interested in purchasing Bank of the James Financial stock? Use our calculator to estimate your expected dividend yield:
Bank of the James Financial Financial Ratios
P/E ratio6.72
PEG ratio6.72
P/B ratio0.93
ROE14.67%
Payout ratio19.21%
Current ratio0.57
Quick ratio1.14
Cash Ratio0.16
Bank of the James Financial Dividend FAQ
How much is the next Bank of the James Financial dividend?
Bank of the James Financial's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Bank of the James Financial dividend. The next Bank of the James Financial dividend will be released in March, June, August, or November.
When is Bank of the James Financial dividend paid?
Bank of the James Financial pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Bank of the James Financial pay?
The specific amount of Bank of the James Financial dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Bank of the James Financial's dividend history.
Does Bank of the James Financial stock pay dividends?
Yes, Bank of the James Financial does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Bank of the James Financial's dividend history.
How much dividend does Bank of the James Financial pay?
Bank of the James Financial paid $0.3 in 2024, $0.32 in 2023, $0.29 in 2022, $0.274 in 2021, and $0.28 in 2020.
How often does Bank of the James Financial pay dividends?
Bank of the James Financial typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, August, and November.
What is Bank of the James Financial's dividend yield?
The current dividend yield for Bank of the James Financial is 3.81%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Bank of the James Financial's exact dividend yield.
When does Bank of the James Financial go ex dividend?
Bank of the James Financial's ex-dividend date for the latest dividend was on 2024-09-06. Bank of the James Financial typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Bank of the James Financial dividend paid?
Bank of the James Financial pays dividends on a quarterly basis, typically around March, June, August, or November, but the exact dates can vary each year.
Will Bank of the James Financial increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Bank of the James Financial will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Bank of the James Financial dividend per share?
Bank of the James Financial paid $0.3 per share in 2024 and $0.32 per share in 2023. The amount of dividend per share that Bank of the James Financial pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Bank of the James Financial a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Bank of the James Financial a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Bank of the James Financial a dividend stock?
Yes, Bank of the James Financial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Bank of the James Financial a good dividend stock?
Whether Bank of the James Financial is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Bank of the James Financial has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Bank of the James Financial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Bank of the James Financial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Bank of the James Financial pay dividends monthly?
Bank of the James Financial typically pays dividends on a quarterly basis.
Does Bank of the James Financial pay dividends quarterly?
Bank of the James Financial currently pays dividends on a quarterly basis.
Has Bank of the James Financial ever paid a dividend?
Yes, Bank of the James Financial has a history of paying dividends to its shareholders. Bank of the James Financial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Bank of the James Financial dividend stocks?
To buy Bank of the James Financial you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Bank of the James Financial stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Bank of the James Financial stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Bank of the James Financial pay dividends 2024?
Bank of the James Financial pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-20. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Bank of the James Financial increase its dividend in 2024?
Decisions regarding Bank of the James Financial dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Bank of the James Financial dividend overview you can look into the above table of dividend history.
How Bank of the James Financial dividend works?
The Bank of the James Financial dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Bank of the James Financial's dividend process works:
1. Determination of Dividend: Bank of the James Financial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Bank of the James Financial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Bank of the James Financial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Bank of the James Financial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Bank of the James Financial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Bank of the James Financial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Bank of the James Financial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Bank of the James Financial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Bank of the James Financial dividends paid?
Bank of the James Financial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Bank of the James Financial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Bank of the James Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bank of the James Financial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Bank of the James Financial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Bank of the James Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bank of the James Financial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Bank of the James Financial pay dividends?
Bank of the James Financial typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Bank of the James Financial pay dividends?
The general pattern is that Bank of the James Financial pays dividends around March, June, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Bank of the James Financial dividend safe?
The safety of Bank of the James Financial's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Bank of the James Financial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Bank of the James Financial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Bank of the James Financial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Bank of the James Financial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.