Bank of the James director Addison Lewis buys $4,317 in stock

Published 14/05/2025, 20:02
Bank of the James director Addison Lewis buys $4,317 in stock

In a recent transaction, Addison Lewis (JO:LEWJ) C, a director at Bank of the James Financial Group Inc (NASDAQ:BOTJ), acquired 303 shares of the company’s common stock. The small-cap financial institution, currently valued at $65.88 million, has demonstrated strong performance with a 44.14% return over the past year. According to InvestingPro analysis, the stock is currently trading at Fair Value. The purchase, which took place on May 12, 2025, was made at a price of $14.25 per share, totaling approximately $4,317. This acquisition brings Lewis’s total holdings to 19,299 shares, reflecting his continued investment in the financial institution. The company maintains a healthy 2.76% dividend yield and trades at a P/E ratio of 10. For deeper insights into insider trading patterns and additional financial metrics, InvestingPro subscribers can access more than 30 key indicators and analysis tools.

In other recent news, Bank of the James Financial Group Inc. has declared a quarterly cash dividend of $0.10 per share. This announcement was made by the Board of Directors and is set to be disbursed to shareholders of record by June 20, 2025, with the record date established for June 6, 2025. The decision to continue with dividend payments aligns with the company’s ongoing commitment to return value to its shareholders and reflects its financial policies. This move indicates the company’s confidence in its financial health and future earnings potential. Dividends are considered an essential part of total shareholder return, especially for those focused on income. The company has ensured compliance with regulatory standards by signing the SEC filing on April 18, 2025. This filing was authorized by the company’s secretary-treasurer, J. Todd Scruggs. Investors can now anticipate the forthcoming dividend payment, marking their calendars for the relevant dates.

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