First Community Bankshares, Inc. (FCBC) To Go Ex-Dividend on May 9th

First Community Bankshares, Inc. (NASDAQ:FCBC) announced a quarterly dividend on Tuesday, April 23rd, Zacks reports. Investors of record on Friday, May 10th will be paid a dividend of 0.29 per share by the bank on Friday, May 24th. This represents a $1.16 annualized dividend and a dividend yield of 3.27%. The ex-dividend date of this dividend is Thursday, May 9th.

First Community Bankshares has increased its dividend payment by an average of 5.1% per year over the last three years. First Community Bankshares has a payout ratio of 50.9% indicating that its dividend is sufficiently covered by earnings. Analysts expect First Community Bankshares to earn $2.28 per share next year, which means the company should continue to be able to cover its $1.16 annual dividend with an expected future payout ratio of 50.9%.

First Community Bankshares Trading Down 0.1 %

Shares of NASDAQ:FCBC opened at $35.48 on Tuesday. The firm has a market cap of $655.32 million, a price-to-earnings ratio of 13.09 and a beta of 0.52. First Community Bankshares has a 1 year low of $23.25 and a 1 year high of $39.23. The business has a fifty day simple moving average of $33.08 and a 200 day simple moving average of $34.04.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of First Community Bankshares from a “sell” rating to a “hold” rating in a research report on Saturday, April 27th.

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.