First Community Bancshares, Inc. (NASDAQ:FCBC) Shareholders to Receive $0.33 Quarterly Dividend

First Community Bancshares, Inc. (NASDAQ:FCBC) declared a quarterly dividend on Tuesday, October 27th. Investors of record on Friday, November 13th will be given a dividend of $0.33 per share by the bank on Friday, November 27th. This represents a $1.32 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Friday, November 13th.

First Community Bancshares has raised its dividend payment by an average of 0.3% per year over the last three years and has increased its dividend annually for the last 13 consecutive years. First Community Bancshares has a payout ratio of 49.3% indicating that its dividend is sufficiently covered by earnings. Research analysts expect First Community Bancshares to earn $3.10 per share next year, which means the company should continue to be able to cover its $1.32 annual dividend with an expected future payout ratio of 42.6%.

First Community Bancshares Stock Performance

NASDAQ FCBC opened at $47.45 on Wednesday. First Community Bancshares has a 1 year low of $31.21 and a 1 year high of $50.17. The company has a fifty day moving average of $48.08 and a 200 day moving average of $43.58.

First Community Bancshares (NASDAQ:FCBC) last announced its quarterly earnings results on Tuesday, October 27th. The bank reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.01. The company had revenue of $48.51 million for the quarter, compared to analyst estimates of $47.19 million. As a group, analysts predict that First Community Bancshares will post 3.04 EPS for the current year.

First Community Bancshares Company Profile

First Community Bancshares, Inc is a bank holding company headquartered in Bluefield, Virginia. Its principal subsidiary, First Community Bank, provides community banking services to individuals, families, businesses and organizations.

The bank offers a range of deposit products, including checking and savings accounts, money market accounts and certificates of deposit. Its lending activities include residential mortgages, home equity loans, consumer loans, commercial and industrial financing, commercial real estate loans and other credit products for businesses and communities.

First Community Bank also provides services such as online and mobile banking, treasury management, investment and wealth management services, and other financial solutions.