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. The company also provides wealth management services, including trust management, estate administration, and investment advisory services; and investment management services. It serves individuals and businesses across various industries, such as education, government, and health services; coal mining and gas extraction; retail trade; construction; manufacturing; tourism; and transportation. As of December 31, 2021, the company operated 49 branches, including 17 branches in West Virginia, 23 branches in Virginia, 7 branches in North Carolina, and 2 branches in Tennessee. First Community Bankshares, Inc. was founded in 1874 and is headquartered in Bluefield, Virginia.
First Community Bankshares Dividend Announcement
• First Community Bankshares announced a quarterly dividend of $0.31 per ordinary share which will be made payable on 2024-11-22. Ex dividend date: 2024-11-08
• First Community Bankshares annual dividend for 2024 was $1.20
• First Community Bankshares annual dividend for 2023 was $1.16
• First Community Bankshares's trailing twelve-month (TTM) dividend yield is 2.66%
• First Community Bankshares's payout ratio for the trailing twelve months (TTM) is 43.13%
• First Community Bankshares's dividend growth over the last five years (2018-2023) was -1.64% year
• First Community Bankshares's dividend growth over the last ten years (2013-2023) was 9.22% year
First Community Bankshares Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-08 | $0.31 | quarterly | 2024-11-22 |
2024-08-09 | $0.31 | quarterly | 2024-08-23 |
2024-05-09 | $0.29 | quarterly | 2024-05-24 |
2024-02-08 | $0.29 | quarterly | 2024-02-23 |
2023-11-09 | $0.29 | quarterly | 2023-11-24 |
2023-08-10 | $0.29 | quarterly | 2023-08-25 |
2023-05-11 | $0.29 | quarterly | 2023-05-26 |
2023-02-09 | $0.29 | quarterly | 2023-02-24 |
2022-11-03 | $0.29 | quarterly | 2022-11-18 |
2022-08-04 | $0.29 | quarterly | 2022-08-19 |
2022-05-05 | $0.27 | quarterly | 2022-05-20 |
2022-02-10 | $0.27 | quarterly | 2022-02-25 |
2021-11-04 | $0.27 | quarterly | 2021-11-19 |
2021-08-06 | $0.27 | quarterly | 2021-08-23 |
2021-05-06 | $0.25 | quarterly | 2021-05-21 |
2021-02-04 | $0.25 | quarterly | 2021-02-19 |
2020-11-05 | $0.25 | quarterly | 2020-11-20 |
2020-08-06 | $0.25 | quarterly | 2020-08-21 |
2020-05-07 | $0.25 | quarterly | 2020-05-22 |
2020-02-06 | $0.25 | quarterly | 2020-02-21 |
2019-10-31 | $0.25 | quarterly | 2019-11-15 |
2019-08-01 | $0.25 | quarterly | 2019-08-16 |
2019-05-02 | $0.25 | quarterly | 2019-05-17 |
2019-01-31 | $0.21 | quarterly | 2019-02-15 |
2018-11-01 | $0.21 | quarterly | 2018-11-16 |
2018-08-02 | $0.21 | quarterly | 2018-08-17 |
2018-05-03 | $0.18 | quarterly | 2018-05-18 |
2018-03-08 | $0.48 | quarterly | 2018-03-23 |
2018-02-01 | $0.18 | quarterly | 2018-02-16 |
2017-11-02 | $0.18 | quarterly | 2017-11-17 |
2017-08-02 | $0.18 | quarterly | 2017-08-18 |
2017-05-03 | $0.16 | quarterly | 2017-05-19 |
2017-02-01 | $0.16 | quarterly | 2017-02-17 |
2016-11-02 | $0.16 | quarterly | 2016-11-18 |
2016-08-03 | $0.16 | quarterly | 2016-08-19 |
2016-05-04 | $0.14 | quarterly | 2016-05-20 |
2016-02-03 | $0.14 | quarterly | 2016-02-19 |
2015-11-04 | $0.14 | quarterly | 2015-11-20 |
2015-08-05 | $0.14 | quarterly | 2015-08-21 |
2015-05-06 | $0.13 | quarterly | 2015-05-22 |
2015-02-04 | $0.13 | quarterly | 2015-02-20 |
2014-11-05 | $0.13 | quarterly | 2014-11-21 |
2014-07-30 | $0.13 | quarterly | 2014-08-15 |
2014-05-07 | $0.12 | quarterly | 2014-05-23 |
2014-02-05 | $0.12 | quarterly | 2014-02-21 |
2013-11-06 | $0.12 | quarterly | 2013-11-22 |
2013-08-14 | $0.12 | quarterly | 2013-08-30 |
2013-05-15 | $0.12 | quarterly | 2013-05-31 |
2013-02-06 | $0.12 | quarterly | 2013-02-22 |
First Community Bankshares Dividend per year
First Community Bankshares Dividend growth
First Community Bankshares Dividend Yield
First Community Bankshares current trailing twelve-month (TTM) dividend yield is 2.66%. Interested in purchasing First Community Bankshares stock? Use our calculator to estimate your expected dividend yield:
First Community Bankshares Financial Ratios
First Community Bankshares Dividend FAQ
Other factors to consider when evaluating First Community Bankshares 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.
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1. Determination of Dividend: First Community Bankshares'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, First Community Bankshares 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, First Community Bankshares 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 First Community Bankshares 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. Record Date: First Community Bankshares 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, First Community Bankshares distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: First Community Bankshares 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.
To assess the safety of First Community Bankshares'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 First Community Bankshares'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.