First National Corporation operates as the bank holding company for First Bank that provides various commercial banking services to small and medium-sized businesses, individuals, estates, local governmental entities, and non-profit organizations in Virginia. The company's deposit products include checking, savings, money market, and individual retirement accounts, as well as certificates of deposit and treasury management solutions. Its loan products comprise construction loans, including residential, land acquisition, and development loans; 1-4 family residential real estate loans; and commercial real estate loans that are secured by commercial real estate, including multi-family residential buildings, office and retail buildings, hotels, industrial buildings, and religious facilities. The company's loan products also include commercial and industrial loans that are secured by business assets, such as accounts receivable, equipment, and inventory; home equity loans; and secured and unsecured consumer loans, such as lines of credit, automobile loans, deposit account loans, and installment and demand loans. In addition, it provides wealth management services, including estate planning, investment management of assets, trustee under an agreement, trustee under a will, and estate settlement. Further, the company offers title insurance and investment services; and holds other real estate owned and office sites, as well as provides internet and mobile banking, remote deposit capture, and other traditional banking services. It serves customers through 20 bank branch offices, a loan production office, and a customer service center, as well as through a network of ATMs. The company was founded in 1907 and is headquartered in Strasburg, Virginia.
First National Dividend Announcement
• First National announced a quarterly dividend of $0.15 per ordinary share which will be made payable on 2024-09-13. Ex dividend date: 2024-08-30
• First National annual dividend for 2024 was $0.45
• First National annual dividend for 2023 was $0.60
• First National's trailing twelve-month (TTM) dividend yield is 3.25%
• First National's payout ratio for the trailing twelve months (TTM) is 45.37%
• First National's dividend growth over the last five years (2018-2023) was 24.57% year
First National Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-30 | $0.15 | quarterly | 2024-09-13 |
| 2024-05-23 | $0.15 | quarterly | 2024-06-07 |
| 2024-02-29 | $0.15 | quarterly | 2024-03-15 |
| 2023-11-22 | $0.15 | quarterly | 2023-12-08 |
| 2023-08-24 | $0.15 | quarterly | 2023-09-08 |
| 2023-05-25 | $0.15 | quarterly | 2023-06-09 |
| 2023-02-23 | $0.15 | quarterly | 2023-03-10 |
| 2022-12-01 | $0.14 | quarterly | 2022-12-16 |
| 2022-08-25 | $0.14 | quarterly | 2022-09-09 |
| 2022-05-26 | $0.14 | quarterly | 2022-06-10 |
| 2022-02-24 | $0.14 | quarterly | 2022-03-11 |
| 2021-11-24 | $0.12 | quarterly | 2021-12-10 |
| 2021-08-26 | $0.12 | quarterly | 2021-09-10 |
| 2021-05-27 | $0.12 | quarterly | 2021-06-11 |
| 2021-02-25 | $0.12 | quarterly | 2021-03-12 |
| 2020-12-18 | $0.11 | quarterly | 2020-12-29 |
| 2020-09-18 | $0.11 | quarterly | 2020-09-29 |
| 2020-06-19 | $0.11 | quarterly | 2020-06-30 |
| 2020-02-27 | $0.11 | quarterly | 2020-03-13 |
| 2019-11-27 | $0.09 | quarterly | 2019-12-13 |
| 2019-08-29 | $0.09 | quarterly | 2019-09-13 |
| 2019-05-30 | $0.09 | quarterly | 2019-06-14 |
| 2019-02-28 | $0.09 | quarterly | 2019-03-15 |
| 2018-11-29 | $0.05 | quarterly | 2018-12-14 |
| 2018-08-30 | $0.05 | quarterly | 2018-09-14 |
| 2018-05-31 | $0.05 | quarterly | 2018-06-15 |
| 2018-03-01 | $0.05 | quarterly | 2018-03-16 |
| 2017-11-30 | $0.04 | quarterly | 2017-12-15 |
| 2017-08-30 | $0.04 | quarterly | 2017-09-15 |
| 2017-05-31 | $0.04 | quarterly | 2017-06-16 |
| 2017-03-01 | $0.04 | quarterly | 2017-03-17 |
| 2016-11-30 | $0.03 | quarterly | 2016-12-16 |
| 2016-08-31 | $0.03 | quarterly | 2016-09-16 |
| 2016-06-01 | $0.03 | quarterly | 2016-06-17 |
| 2016-03-02 | $0.03 | quarterly | 2016-03-18 |
| 2015-12-02 | $0.03 | quarterly | 2015-12-18 |
| 2015-09-02 | $0.03 | quarterly | 2015-09-18 |
| 2015-06-15 | $0.03 | quarterly | 2015-06-26 |
| 2015-03-04 | $0.03 | quarterly | 2015-03-20 |
| 2014-12-03 | $0.03 | quarterly | 2014-12-19 |
| 2014-09-03 | $0.03 | quarterly | 2014-09-19 |
| 2014-06-04 | $0.03 | quarterly | 2014-06-20 |
| 2011-06-01 | $0.10 | quarterly | 2011-06-17 |
| 2011-03-10 | $0.10 | quarterly | 2011-03-25 |
First National Dividend per year
First National Dividend growth
First National Dividend Yield
First National current trailing twelve-month (TTM) dividend yield is 3.25%. Interested in purchasing First National stock? Use our calculator to estimate your expected dividend yield:
First National Financial Ratios
P/E ratio14.61
PEG ratio1.24
P/B ratio0.97
ROE6.80%
Payout ratio45.37%
Current ratio0.35
Quick ratio0.41
Cash Ratio0.34
First National Dividend FAQ
How much is the next First National dividend?
First National's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next First National dividend. The next First National dividend will be released in February, May, August, or November.
When is First National dividend paid?
First National pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, 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 First National pay?
The specific amount of First National 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 First National's dividend history.
Does First National stock pay dividends?
Yes, First National 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 First National's dividend history.
How much dividend does First National pay?
First National paid $0.45 in 2024, $0.6 in 2023, $0.56 in 2022, $0.48 in 2021, and $0.44 in 2020.
How often does First National pay dividends?
First National 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 February, May, August, and November.
What is First National's dividend yield?
The current dividend yield for First National is 3.25%. 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 First National's exact dividend yield.
When does First National go ex dividend?
First National's ex-dividend date for the latest dividend was on 2024-08-30. First National 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 First National dividend paid?
First National pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will First National 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 First National 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 First National dividend per share?
First National paid $0.45 per share in 2024 and $0.6 per share in 2023. The amount of dividend per share that First National 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 First National 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 First National 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 First National a dividend stock?
Yes, First National is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is First National a good dividend stock?
Whether First National is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. First National has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating First National 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 First National 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 First National pay dividends monthly?
First National typically pays dividends on a quarterly basis.
Does First National pay dividends quarterly?
First National currently pays dividends on a quarterly basis.
Has First National ever paid a dividend?
Yes, First National has a history of paying dividends to its shareholders. First National is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy First National dividend stocks?
To buy First National 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 First National 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 First National 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 First National pay dividends 2024?
First National pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-13. 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 First National increase its dividend in 2024?
Decisions regarding First National 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 First National dividend overview you can look into the above table of dividend history.
How First National dividend works?
The First National 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 First National's dividend process works:
1. Determination of Dividend: First National'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 National 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 National 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 National 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: First National'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 National 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 National 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 National 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 First National dividends paid?
First National dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: First National 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 National 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 National 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: First National 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 National 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 National 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 First National pay dividends?
First National 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 First National pay dividends?
The general pattern is that First National pays dividends around February, May, 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 First National dividend safe?
The safety of First National'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 First National'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 National'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 First National'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 National'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.