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First National Corp declares quarterly cash dividend of $0.155 per share

Published 14/08/2025, 17:06
First National Corp declares quarterly cash dividend of $0.155 per share
FXNC
0.27%

First National Corp (NASDAQ:FXNC), a regional bank with a market capitalization of $201 million, announced Wednesday that its board of directors has declared a quarterly cash dividend of $0.155 per common share, representing a 2.76% yield. The dividend is scheduled to be paid on September 12, 2025, to shareholders of record as of August 29, 2025. According to InvestingPro, the company has maintained dividend payments for 12 consecutive years, with 11 years of consecutive increases.

The announcement was made in a statement included in a filing with the Securities and Exchange Commission. First National Corp is based in Strasburg, Virginia, and its common stock is listed on the Nasdaq Stock Market. The stock has shown resilience with a 37% return over the past year, despite trading below its 52-week high of $26.97. InvestingPro analysis suggests the stock is currently fairly valued, with additional insights available to subscribers.

No additional financial results or operational updates were provided in the filing. The company’s next earnings report is scheduled for October 23, 2025.

In other recent news, First National Corporation announced the results of its Annual Meeting of Shareholders, which took place on May 14, 2025. The company reported these details in its latest 8-K filing with the Securities and Exchange Commission. During the meeting, shareholders voted on several significant proposals, including the election of thirteen directors for a one-year term. All ten nominees received a majority of votes, securing their positions. The filing provided detailed voting results, including the number of votes for, withheld, and broker non-votes for each director. These developments reflect the company’s ongoing corporate governance activities.

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