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Potomac Bancshares, Inc. operates as the bank holding company for Bank of Charles Town that provides various banking products and services to individuals and businesses. The company offers checking, savings, and individual retirement accounts; and certificates of deposit (CD). It also provides personal loans, including new and used vehicle, home equity, unsecured home improvement and personal, retail equipment, and lot loans, as well as loans secured by CD, and home equity lines of credit; commercial loans for building or office purchases, commercial real estate and construction, and production and administrative equipment purchases; lines of credit; mortgage, term, residential and commercial construction, commercial real estate, and agricultural loans; and credit and debit cards. In addition, the company offers Card Pay, cash management, merchant, financial planning, trust and estate, investment management, wealth management, full-service brokerage, retirement and insurance planning and products, asset allocation and management, and college planning services, as well as telephone, mobile, and online banking services. It operates through nine full-service offices and one loan production office located in the Eastern Panhandle of West Virginia, Washington County, Maryland, and Loudoun County, Virginia. The company was founded in 1871 and is based in Charles Town, West Virginia.

Potomac Bancshares Dividend Announcement

Potomac Bancshares announced a quarterly dividend of $0.12 per ordinary share which will be made payable on 2024-11-08. Ex dividend date: 2024-11-01
Potomac Bancshares annual dividend for 2024 was $0.46
Potomac Bancshares annual dividend for 2023 was $0.38
Potomac Bancshares's trailing twelve-month (TTM) dividend yield is 3.98%
Potomac Bancshares's dividend growth over the last five years (2018-2023) was 6.30% year
Potomac Bancshares's dividend growth over the last ten years (2013-2023) was 12.22% year

Potomac Bancshares Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-01$0.12quarterly2024-11-08
2024-08-05$0.12quarterly2024-08-12
2024-05-02$0.12quarterly2024-05-10
2024-02-01$0.10quarterly2024-02-09
2023-11-01$0.10quarterly2023-11-09
2023-08-03$0.10quarterly2023-08-11
2023-05-02$0.09quarterly2023-05-10
2023-02-02$0.09quarterly2023-02-10
2022-11-01$0.09quarterly2022-11-09
2022-08-03$0.09quarterly2022-08-11
2022-05-02$0.09quarterly2022-05-10
2022-02-02$0.08quarterly2022-02-10
2021-11-01$0.08quarterly2021-11-09
2021-08-03$0.08quarterly2021-08-11
2021-05-03$0.08quarterly2021-05-11
2021-02-02$0.07quarterly2021-02-10
2020-10-30$0.07quarterly2020-11-09
2020-08-03$0.07quarterly2020-08-11
2020-05-01$0.07quarterly2020-05-11
2020-01-31$0.07quarterly2020-02-10
2019-10-24$0.07quarterly2019-11-01
2019-07-24$0.07quarterly2019-08-01
2019-04-18$0.07quarterly2019-05-01
2019-01-23$0.07quarterly2019-02-01
2018-10-24$0.07quarterly2018-11-01
2018-07-24$0.07quarterly2018-08-01
2018-04-20$0.07quarterly2018-05-01
2018-01-23$0.07quarterly2018-02-01
2017-10-24$0.07quarterly2017-11-01
2017-07-21$0.07quarterly2017-08-01
2017-04-20$0.07quarterly2017-05-01
2017-01-20$0.07quarterly2017-02-01
2016-10-21$0.07quarterly
2016-07-21$0.07quarterly
2016-04-21$0.06quarterly
2016-01-21$0.06quarterly
2015-10-22$0.05quarterly
2015-07-22$0.05quarterly
2015-04-22$0.05quarterly
2015-01-22$0.05quarterly
2014-10-23$0.04quarterly
2014-07-18$0.04quarterly
2014-04-17$0.04quarterly
2014-01-23$0.04quarterly
2013-10-18$0.04quarterly
2013-07-18$0.04quarterly
2013-04-11$0.04quarterly

Potomac Bancshares Dividend per year

Potomac Bancshares Dividend growth

Potomac Bancshares Dividend Yield

Potomac Bancshares current trailing twelve-month (TTM) dividend yield is 3.98%. Interested in purchasing Potomac Bancshares stock? Use our calculator to estimate your expected dividend yield:

Potomac Bancshares Financial Ratios

P/E ratio9.33
PEG ratio1.56
P/B ratio0.88
ROE9.80%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Potomac Bancshares Dividend FAQ

How much is the next Potomac Bancshares dividend?
Potomac Bancshares's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Potomac Bancshares dividend. The next Potomac Bancshares dividend will be released in February, May, August, or November.
When is Potomac Bancshares dividend paid?
Potomac Bancshares 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 Potomac Bancshares pay?
The specific amount of Potomac Bancshares 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 Potomac Bancshares's dividend history.
Does Potomac Bancshares stock pay dividends?
Yes, Potomac Bancshares 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 Potomac Bancshares's dividend history.
How much dividend does Potomac Bancshares pay?
Potomac Bancshares paid $0.46 in 2024, $0.38 in 2023, $0.35 in 2022, $0.31 in 2021, and $0.28 in 2020.
How often does Potomac Bancshares pay dividends?
Potomac Bancshares 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 Potomac Bancshares's dividend yield?
The current dividend yield for Potomac Bancshares is 3.98%. 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 Potomac Bancshares's exact dividend yield.
When does Potomac Bancshares go ex dividend?
Potomac Bancshares's ex-dividend date for the latest dividend was on 2024-11-01. Potomac Bancshares 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 Potomac Bancshares dividend paid?
Potomac Bancshares pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Potomac Bancshares 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 Potomac Bancshares 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 Potomac Bancshares dividend per share?
Potomac Bancshares paid $0.46 per share in 2024 and $0.38 per share in 2023. The amount of dividend per share that Potomac Bancshares 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 Potomac Bancshares 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 Potomac Bancshares 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 Potomac Bancshares a dividend stock?
Yes, Potomac Bancshares is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Potomac Bancshares a good dividend stock?
Whether Potomac Bancshares is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Potomac Bancshares has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Potomac Bancshares 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 Potomac Bancshares pay dividends monthly?
Potomac Bancshares typically pays dividends on a quarterly basis.
Does Potomac Bancshares pay dividends quarterly?
Potomac Bancshares currently pays dividends on a quarterly basis.
Has Potomac Bancshares ever paid a dividend?
Yes, Potomac Bancshares has a history of paying dividends to its shareholders. Potomac Bancshares is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Potomac Bancshares dividend stocks?
To buy Potomac Bancshares 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 Potomac Bancshares 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 Potomac Bancshares pay dividends 2024?
Potomac Bancshares pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-08. 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 Potomac Bancshares increase its dividend in 2024?
Decisions regarding Potomac Bancshares 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 Potomac Bancshares dividend overview you can look into the above table of dividend history.
How Potomac Bancshares dividend works?
The Potomac Bancshares 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 Potomac Bancshares's dividend process works:

1. Determination of Dividend: Potomac Bancshares'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, Potomac Bancshares 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, Potomac Bancshares 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 Potomac Bancshares 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 Potomac Bancshares dividends paid?
Potomac Bancshares dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Potomac Bancshares 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, Potomac Bancshares distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Potomac Bancshares 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 Potomac Bancshares pay dividends?
Potomac Bancshares 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 Potomac Bancshares pay dividends?
The general pattern is that Potomac Bancshares 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 Potomac Bancshares dividend safe?
The safety of Potomac Bancshares'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 Potomac Bancshares'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 Potomac Bancshares'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.