Farmers Bankshares declares quarterly dividend

Published September 22, 2017 by Robert Powell, III

Windsor-based Farmers Bankshares Inc., the holding company for Farmers Bank, has declared a quarterly dividend of 10 cents per share to holders of its common stock. 

On an annualized basis, third-quarter dividend is unchanged from the dividend declared in June but represents a 25 percent increase over the annualized dividend declared a year ago. 

The record date for stockholders entitled to payment of the dividend will be the close of normal trading on Oct. 3, with payment to occurring by Oct 16. 

The Farmers Bankshares common stock trades on the NASDAQ market as an Over-the-Counter Bulletin Board stock under the symbol FBVA. 

Farmers Bank, founded in 1919, is a community bank, which operates seven branches and services areas throughout Tidewater Virginia.