New Peoples Bankshares, Inc. operates as a financial holding company for New Peoples Bank, Inc. that provides general banking services to individuals, small to medium size businesses, and the professional community in the United States. The company offers demand, interest-bearing demand, savings, money market, health savings, and individual retirement deposit accounts, as well as certificate of deposit. It also provides commercial loans; residential mortgage loans, including residential first and second, residential construction, home equity lines of credit, and term loans; construction loans; consumer loans, such as home improvement, debt consolidation loans, and general consumer lending; investment services, which include fixed income products, variable annuities, mutual funds, indexed certificates of deposit, individual retirement and managed money accounts, long term care insurance, employee group benefit and college savings plans, and financial and estate planning. In addition, the company provides safe deposit boxes, cashier's checks, cash management services, direct deposit of payroll and social security checks, and automatic drafts for various accounts; interactive teller machine (ITM), debit, and credit card services; and electronic banking services, such as Internet banking, telephone banking, mobile banking, remote deposit capture, merchant transaction processing, and wire transfer services, as well as operates walk-up tellers, drive-in windows, and ITMs. It operates 19 full-service branches located in three states, which include Virginia, West Virginia, and Tennessee; and a loan production office in Boone, North Carolina. The company was incorporated in 1997 and is headquartered in Honaker, Virginia.
New Peoples Bankshares Dividend Announcement
• New Peoples Bankshares announced a annually dividend of $0.07 per ordinary share which will be made payable on 2024-03-29. Ex dividend date: 2024-03-14
• New Peoples Bankshares annual dividend for 2024 was $0.07
• New Peoples Bankshares annual dividend for 2023 was $0.06
• New Peoples Bankshares's trailing twelve-month (TTM) dividend yield is 2.65%
• New Peoples Bankshares's payout ratio for the trailing twelve months (TTM) is 24.06%
New Peoples Bankshares Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-03-14 | $0.07 | annually | 2024-03-29 |
| 2023-03-14 | $0.06 | annually | 2023-03-31 |
| 2022-03-14 | $0.05 | annually | 2022-03-31 |
New Peoples Bankshares Dividend per year
New Peoples Bankshares Dividend growth
New Peoples Bankshares Dividend Yield
New Peoples Bankshares current trailing twelve-month (TTM) dividend yield is 2.65%. Interested in purchasing New Peoples Bankshares stock? Use our calculator to estimate your expected dividend yield:
New Peoples Bankshares Financial Ratios
P/E ratio9.05
PEG ratio1.34
P/B ratio0.94
ROE10.84%
Payout ratio24.06%
Current ratio0.40
Quick ratio0.89
Cash Ratio0.39
New Peoples Bankshares Dividend FAQ
How much is the next New Peoples Bankshares dividend?
New Peoples Bankshares's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next New Peoples Bankshares dividend. The next New Peoples Bankshares dividend will be released in March.
When is New Peoples Bankshares dividend paid?
New Peoples Bankshares pays dividends on a annually basis. The specific dates may vary each year but are generally around March. 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 New Peoples Bankshares pay?
The specific amount of New Peoples Bankshares 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 New Peoples Bankshares's dividend history.
Does New Peoples Bankshares stock pay dividends?
Yes, New Peoples Bankshares 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 New Peoples Bankshares's dividend history.
How much dividend does New Peoples Bankshares pay?
New Peoples Bankshares paid $0.07 in 2024, $0.06 in 2023, $0.05 in 2022, $0.0 in 2021, and $0.0 in 2020.
How often does New Peoples Bankshares pay dividends?
New Peoples Bankshares typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around March.
What is New Peoples Bankshares's dividend yield?
The current dividend yield for New Peoples Bankshares is 2.65%. 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 New Peoples Bankshares's exact dividend yield.
When does New Peoples Bankshares go ex dividend?
New Peoples Bankshares's ex-dividend date for the latest dividend was on 2024-03-14. New Peoples Bankshares 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 New Peoples Bankshares dividend paid?
New Peoples Bankshares pays dividends on a annually basis, typically around March, but the exact dates can vary each year.
Will New Peoples Bankshares 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 New Peoples Bankshares 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 New Peoples Bankshares dividend per share?
New Peoples Bankshares paid $0.07 per share in 2024 and $0.06 per share in 2023. The amount of dividend per share that New Peoples Bankshares 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 New Peoples Bankshares 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 New Peoples Bankshares 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 New Peoples Bankshares a dividend stock?
Yes, New Peoples Bankshares is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is New Peoples Bankshares a good dividend stock?
Whether New Peoples Bankshares is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. New Peoples Bankshares has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating New Peoples 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.
Other factors to consider when evaluating New Peoples 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.
Does New Peoples Bankshares pay dividends monthly?
New Peoples Bankshares typically pays dividends on a annually basis.
Does New Peoples Bankshares pay dividends quarterly?
New Peoples Bankshares currently pays dividends on a annually basis.
Has New Peoples Bankshares ever paid a dividend?
Yes, New Peoples Bankshares has a history of paying dividends to its shareholders. New Peoples Bankshares is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy New Peoples Bankshares dividend stocks?
To buy New Peoples Bankshares 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 New Peoples Bankshares 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 New Peoples Bankshares 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 New Peoples Bankshares pay dividends 2024?
New Peoples Bankshares pays dividends on a annually basis. 2024 dividend payments are in 2024-03-29. 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 New Peoples Bankshares increase its dividend in 2024?
Decisions regarding New Peoples Bankshares 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 New Peoples Bankshares dividend overview you can look into the above table of dividend history.
How New Peoples Bankshares dividend works?
The New Peoples Bankshares 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 New Peoples Bankshares's dividend process works:
1. Determination of Dividend: New Peoples 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, New Peoples 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, New Peoples 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 New Peoples 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. Determination of Dividend: New Peoples 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, New Peoples 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, New Peoples 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 New Peoples 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.
How are New Peoples Bankshares dividends paid?
New Peoples Bankshares dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: New Peoples 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, New Peoples 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: New Peoples 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.
1. Record Date: New Peoples 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, New Peoples 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: New Peoples 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.
How many times does New Peoples Bankshares pay dividends?
New Peoples Bankshares typically pays dividends on a annually 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 New Peoples Bankshares pay dividends?
The general pattern is that New Peoples Bankshares pays dividends around March. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is New Peoples Bankshares dividend safe?
The safety of New Peoples Bankshares'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 New Peoples 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 New Peoples 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.
To assess the safety of New Peoples 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 New Peoples 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.