First Community Bankshares, Inc. (NASDAQ:FCBC) Announces $0.31 Quarterly Dividend

First Community Bankshares, Inc. (NASDAQ:FCBC - Get Free Report) announced a quarterly dividend on Tuesday, January 28th,RTT News reports. Stockholders of record on Friday, February 14th will be paid a dividend of 0.31 per share by the bank on Friday, February 28th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.85%. The ex-dividend date of this dividend is Friday, February 14th.

First Community Bankshares has increased its dividend payment by an average of 4.9% annually over the last three years. First Community Bankshares has a dividend payout ratio of 45.8% meaning its dividend is sufficiently covered by earnings.

First Community Bankshares Trading Up 0.1 %

First Community Bankshares stock traded up $0.07 during midday trading on Friday, hitting $43.51. 19,067 shares of the stock were exchanged, compared to its average volume of 34,274. The stock has a market capitalization of $795.71 million, a price-to-earnings ratio of 15.32 and a beta of 0.58. The stock's 50-day simple moving average is $43.07 and its 200 day simple moving average is $43.02. First Community Bankshares has a fifty-two week low of $31.00 and a fifty-two week high of $49.02.

First Community Bankshares (NASDAQ:FCBC - Get Free Report) last released its quarterly earnings results on Tuesday, January 28th. The bank reported $0.71 EPS for the quarter. First Community Bankshares had a return on equity of 10.35% and a net margin of 27.81%.

Insider Activity at First Community Bankshares

In related news, SVP Jason R. Belcher sold 6,384 shares of the company's stock in a transaction on Friday, November 8th. The stock was sold at an average price of $46.49, for a total transaction of $296,792.16. Following the transaction, the senior vice president now owns 15,317 shares of the company's stock, valued at $712,087.33. This represents a 29.42 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO David D. Brown sold 2,520 shares of First Community Bankshares stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $48.00, for a total transaction of $120,960.00. Following the sale, the chief financial officer now owns 12,676 shares of the company's stock, valued at approximately $608,448. The trade was a 16.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.67% of the stock is currently owned by corporate insiders.

About First Community Bankshares

First Community Bankshares, Inc operates as the financial holding company for First Community Bank that provides various banking products and services. It offers demand deposit accounts, savings and money market accounts, certificates of deposit, and individual retirement plans; and commercial, consumer real estate, and consumer and other loans.