Bank of the James Financial Group, Inc. (BOTJ) to Distribute Quarterly Dividend of $0.10 on September 4th

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) announced a quarterly dividend on Tuesday, July 28th. Investors of record on Friday, August 21st will be given a dividend of 0.10 per share by the financial services provider on Friday, September 4th. This represents a c) annualized dividend and a yield of 1.5%. The ex-dividend date is Friday, August 21st.

Bank of the James Financial Group has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 5 consecutive years.

Bank of the James Financial Group Stock Down 0.8%

Shares of BOTJ stock opened at $27.50 on Wednesday. Bank of the James Financial Group has a 12 month low of $14.13 and a 12 month high of $29.79. The company has a market cap of $124.93 million, a PE ratio of 10.87 and a beta of 0.16. The business’s 50 day moving average is $26.07 and its two-hundred day moving average is $23.18.

Bank of the James Financial Group (NASDAQ:BOTJ) last posted its earnings results on Thursday, July 30th. The financial services provider reported $0.71 earnings per share (EPS) for the quarter. The business had revenue of $13.73 million for the quarter. Bank of the James Financial Group had a net margin of 17.72% and a return on equity of 14.30%.

Wall Street Analyst Weigh In

Several research analysts have commented on BOTJ shares. Wall Street Zen downgraded Bank of the James Financial Group from a “buy” rating to a “hold” rating in a research report on Saturday. Weiss Ratings upgraded shares of Bank of the James Financial Group from a “hold (c)” rating to a “buy (b)” rating in a research report on Monday. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy”.

About Bank of the James Financial Group

Bank of the James Financial Group, Inc is the bank holding company for The Bank of the James, a Virginia-chartered commercial bank headquartered in Lynchburg, Virginia. Established in the early 20th century, the organization has developed a reputation for community banking with a focus on personalized service. As a NASDAQ-listed entity under the ticker BOTJ, the holding company oversees a network of full-service branches throughout Central and Southwestern Virginia.

The Bank of the James offers a comprehensive suite of consumer and commercial banking solutions.