F & M Bank Corp. Declares Quarterly Dividend of $0.26 (OTCMKTS:FMBM)

F & M Bank Corp. (OTCMKTS:FMBM) announced a quarterly dividend on Thursday, January 23rd,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.26 per share by the financial services provider on Friday, February 28th. This represents a $1.04 dividend on an annualized basis and a yield of 5.20%. The ex-dividend date is Friday, February 14th.

F & M Bank Price Performance

FMBM remained flat at $19.99 during trading on Friday. 61 shares of the company’s stock were exchanged, compared to its average volume of 786. F & M Bank has a 1 year low of $15.15 and a 1 year high of $23.84. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.72 and a quick ratio of 0.72. The firm has a fifty day moving average of $20.17 and a 200 day moving average of $20.98. The company has a market cap of $70.48 million, a P/E ratio of 12.73 and a beta of 0.37.

F & M Bank (OTCMKTS:FMBM) last issued its earnings results on Friday, November 8th. The financial services provider reported $0.23 EPS for the quarter. F & M Bank had a net margin of 7.48% and a return on equity of 6.69%. The company had revenue of $11.24 million for the quarter.

About F & M Bank

F & M Bank Corp. operates as the bank holding company for Farmers & Merchants Bank that provides financial products and services to consumers and businesses in Virginia. The company offers commercial and individual demand and time deposit accounts, savings accounts, money market accounts, internet and mobile banking services, and drive-in banking services.