Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) to Issue Quarterly Dividend of $0.10

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ - Get Free Report) announced a quarterly dividend on Tuesday, April 22nd, Wall Street Journal reports. Investors of record on Friday, June 6th will be given a dividend of 0.10 per share by the financial services provider on Friday, June 20th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.93%. The ex-dividend date of this dividend is Friday, June 6th.

Bank of the James Financial Group has raised its dividend payment by an average of 14.4% per year over the last three years.

Bank of the James Financial Group Stock Up 0.6 %

Shares of NASDAQ:BOTJ traded up $0.08 during midday trading on Friday, reaching $13.63. 1,556 shares of the company were exchanged, compared to its average volume of 8,906. The stock has a fifty day simple moving average of $13.68 and a two-hundred day simple moving average of $13.96. The firm has a market cap of $62.43 million, a PE ratio of 7.79 and a beta of 0.43. Bank of the James Financial Group has a fifty-two week low of $9.85 and a fifty-two week high of $17.05.

Bank of the James Financial Group (NASDAQ:BOTJ - Get Free Report) last posted its quarterly earnings data on Friday, January 31st. The financial services provider reported $0.36 earnings per share (EPS) for the quarter. Bank of the James Financial Group had a return on equity of 12.48% and a net margin of 13.29%.

Bank of the James Financial Group Company Profile

Bank of the James Financial Group, Inc operates as the bank holding company for Bank of the James that provides general retail and commercial banking services to individuals, businesses, associations and organizations, and governmental authorities in Virginia, the United States. It offers checking, savings, individual retirement, and health care saving accounts, as well as other time deposits, including money market accounts and certificates of deposit.