Bank of the James director Bryant buys $3,177 in stock

In a recent transaction, William C. Bryant III, a director at Bank of the James Financial Group Inc. (NASDAQ:BOTJ), acquired 223 shares of the company’s common stock. The shares were purchased on May 21 at a price of $14.25 each, amounting to a total transaction value of $3,177. The purchase comes as InvestingPro analysis shows the stock trading near its Fair Value, with a P/E ratio of 10x and a market capitalization of $66 million. Following this acquisition, Bryant’s total direct holdings in the company increased to 66,491 shares. This purchase reflects Bryant’s ongoing investment in the Lynchburg, Virginia-based financial institution, which maintains a solid 2.8% dividend yield and has increased its dividend for four consecutive years. The company’s overall financial health is rated as "Good" by InvestingPro, with strong profitability and relative value scores.

In other recent news, Bank of the James Financial Group Inc. has announced a quarterly cash dividend of $0.10 per share. This decision, declared by the Board of Directors, aligns with the company’s ongoing practice of returning value to its shareholders. The dividend will be disbursed to shareholders of record by June 20, 2025, with the record date set for June 6, 2025. The announcement underscores the company’s commitment to maintaining its financial policies and reflects its consistent financial performance. Investors often regard dividend announcements as an indication of a company’s financial health and management’s confidence in future earnings. This dividend is part of the company’s historical payout patterns, which are crucial for income-focused investors. The company has fulfilled its reporting requirements by filing with the Securities and Exchange Commission, ensuring transparency and adherence to regulatory standards.

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